To ask Her Majesty's Government what plans they have to assist the Construction Leadership Council in achieving zero retentions within the construction sector by the target date of 2025.
27 April 2021
The Government, in conjunction with the Construction Leadership Council, is working to identify a sustainable strategy on retentions for the whole construction sector.
Through the Business Models workstream of the Council, the practice of cash retentions and route to achieving zero retentions is being taken forward. This includes the options available, or could be developed, to provide an alternative to cash retentions and for the industry to reduce or eliminate defective construction work and having a procurement and delivery model that recognises, incentivises and rewards good quality work.