What retention actually protects, typical percentages and release mechanics under JCT, NEC4 and FIDIC, where retention disputes happen, the UK’s proposed 2026 retention ban, and Australia’s trust account model.
Tag Archives: Retention
Project cash flow- Construction cost management
What we discuss here is, determining the actual flow of money for the contract duration by dealing with construction project cash flow. Also, the way to finalise the contract price. [lwptoc float=”none”] 1.0- Contract cash flow When we are considering the project’s level, the difference between a certain project’s income and expense is named asContinue reading “Project cash flow- Construction cost management”