Posts tagged with ‘Retentions Bill’

  • Carillion collapse adds urgency to resolving retentions issues

    By Debbie Eales on January 15, 2018
    The liquidation of construction giant Carillion could lead to potentially catastrophic losses for thousands of SMEs, according to the Building Engineering Services Association (BESA) and the electrotechnical and engineering services trade body ECA. According to its latest set of accounts, Carillion was holding over £800m in retentions payments owed to sub-contractors. There is growing alarm that much of this money […]
  • MP’s new Retentions Bill ‘can boost apprenticeships’

    By Debbie Eales on December 15, 2017
    BESA fully support Peter Aldous’ Bill to protect construction SMEs A new parliamentary Bill, being introduced under the Ten Minute Rule by Peter Aldous MP, has the potential to deliver thousands of new apprenticeships, according to the Building Engineering Services Association (BESA). The Bill’s first reading will be on January 9th. The Bill seeks to amend the 1996 Construction Act […]