ConstructionNews
Large construction companies will be forced to report the proportion of retention sums they withhold from suppliers under legislation introduced this week. The new reporting requirements, which aim to “encourage improved payment practices”, have been enacted through a statutory instrument laid before Parliament, business secretary…
The post ‘Milestone’ law introduced to force retentions reporting appeared first on Construction News…
Read More
‘Milestone’ law introduced to force retentions reporting
Charlotte Banks
23:25
Large construction companies will be forced to report the proportion of retention sums they withhold from suppliers under legislation introduced this week. The new reporting requirements, which aim to “encourage improved payment practices”, have been enacted through a statutory instrument laid before Parliament, business secretary… The post ‘Milestone’ law introduced to force retentions reporting appeared
