Tougher subbies’ retentions law on the way
Gaps in existing rules have led to construction firms mixing retentions with other funds.
The construction sector is welcoming a new law that will make main contractors hold money in trust for subbies in case things go wrong.
The government has introduced the Construction Contracts (Retention Money) Bill, a year after it first proposed toughening up the rules.
Retentions are
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