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Jimoz

Well-known member
You've just reminded me ive got some retention due back now from last year. Won't be a lot but glad you've reminded me
Just totted it up and sent them the invoice 444.50 I wonder how many forget to claim. I have claimed a previous retention off them in the past but if not currently working with them it slips my mind.
 
V8Druid

V8Druid

do it as well as you can,but learn to do it better

" For too long, specialist contractors have been forced to operate under a system that allowed larger firms to withhold their money, delay payment, and use their cash as free working capital. "
 
I

Ivor

New member
they

" For too long, specialist contractors have been forced to operate under a system that allowed larger firms to withhold their money, delay payment, and use their cash as free working capital. "
they will just call it something else. or insist you a pay a returnable premium that they hold
 
Danny

Danny

Well-known member
Retention is a nightmare its usually 5%. As a groundworks contractor, you are normally first in, say you start in January 26. You can't invoice for your 2.5% until the client gets practical completion its not from when you finish your part! Say it's awarded in June 26. You could be waiting 18 months in total!

I've got thousands outstanding with several companies
 
6

6feetdown

Well-known member
Retention is a nightmare its usually 5%. As a groundworks contractor, you are normally first in, say you start in January 26. You can't invoice for your 2.5% until the client gets practical completion its not from when you finish your part! Say it's awarded in June 26. You could be waiting 18 months in total!

I've got thousands outstanding with several companies
If people walked away from this s**t they'd have to ditch it
 
S

Smiffy

Well-known member
Retention is a nightmare its usually 5%. As a groundworks contractor, you are normally first in, say you start in January 26. You can't invoice for your 2.5% until the client gets practical completion its not from when you finish your part! Say it's awarded in June 26. You could be waiting 18 months in total!

I've got thousands outstanding with several companies

I presume this is working on JCT contracts?
I haven't worked with them but they seem pretty sh*t in comparison to NEC contracts.
 
V8Druid

V8Druid

do it as well as you can,but learn to do it better

" ‘Ministers rip up consultation culture’ said the headline of a Cabinet Office press release yesterday as the Ministry of Housing launched two more consultation processes.

The Cabinet Office, keen on making government machinery and decision-making more efficient, has declared war on consultation processes. It issued a statement saying that it is clearing out “Whitehall’s layers of unnecessary bureaucracy”.
Meanwhile, on the same day, the Ministry of Housing, Communities & Local Government (MCHLG) launched two more consultation processes on the minutiae of regulations. It now has 15 – fifteen – live consultation processes going on from a single department.

You couldn’t make it up, "

 
V8Druid

V8Druid

do it as well as you can,but learn to do it better
just goes to show that all the S.106,s, CIL,s, affordable requirements, etc are killing the job :rolleyes:

" The housing secretary and the mayor of London have confirmed emergency measures to unblock dozens of stalled sites and build thousands more affordable homes for Londoners.
There were only 4,522 social and affordable housing starts on site in London in 2024/25, compared to 26,386 starts reported in 2022/23.
In response, a new fast-track planning route is being introduced for sites delivering at least 20% affordable housing and temporary relief from the community infrastructure levy (CIL) for eligible schemes that meet affordable housing targets, with additional relief for those going further.
The measures were first floated last October but have now been confirmed following a consultation process.

Housing secretary Steve Reed said: “The scale of the housing crisis in London demands action – so that’s what we’re doing. This decisive action will turn plans on paper into thousands of new homes in our capital, with a clear message to developers to get on and build. "


**** London - wants rolling out nationwide ... they( Planners/LA,s, etc) want their cake, eat it and have a second cake, with all the required 'add ons' aside from affordables ... can't get two pints from a pint pot or blood from a stone no matter how hard you squeeze it
 
V8Druid

V8Druid

do it as well as you can,but learn to do it better
another ill considered pile of BS floundering .......
" 60% of respondents reported that BNG has influenced their company’s decision not to pursue sites that may previously have been viable. ...... 80% of respondents in 2026 reported planning delays due to BNG. "

 
V8Druid

V8Druid

do it as well as you can,but learn to do it better
yet more utter BS wrapped in shiny paper and tinsel ......


" the withholding of retention payments would be banned. This would, the Department for Business and Trade said, prevent small firms losing retentions to insolvency or non-payment. " does nothing to stop/ban retentions

" the government says it will give the commissioner the power to require late-paying large companies to publish explanations for poor payment performance and the actions they are taking to address it. " another level of bollox

" ...1998 Late Payment of Commercial Debt Act, and would include a 60-day cap on payment terms for large firms paying small suppliers. They would also impose mandatory interest on late payments, at 8% above the Bank of England base rate, and insist that this is included in contract terms. " and who is gonna make them stump up what's owed, let alone the interest - bloody joke again

" to investigate businesses suspected of poor payment practices or inaccurately reporting payment performance, and be given the power to adjudicate payment disputes outside of the court process. Finally, they would be able to fine businesses, including ‘significant’ fines, in the order of tens of millions, for large companies that persistently pay their suppliers late " by which time they'll have gone tits up and no one gets a bean
 
V8Druid

V8Druid

do it as well as you can,but learn to do it better

" a £100m partnership with Aviva, " .... a bigger bunch of **nt* never walked the planet .....
I paid for 35 yrs into one of their private healthcare schemes, only to be told, when needed, that inherited diseases (which I never knew I had and took 13 mths to diagnose) weren't covered :mad: :mad: :mad: :mad: :mad: :mad: £50+k down the drain 🤬 🤬 🤬
 
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