Posts tagged with ‘Cash retentions’

  • Over 200 MPs support Aldous Bill

    By Debbie Eales on August 28, 2018
    Reforming cash retentions has unprecedented support in Parliament Almost one in three MPs (207) now support the Aldous Bill, following major efforts by BESA and ECA to secure support for reforming cash retentions in construction. The backing comes alongside an unprecedented coalition of over 80 industry bodies and trade associations, representing over 580,000 businesses and sole traders. This is the […]
  • Leading construction body welcomes government action on supply chains: but more needs to be done

    By Debbie Eales on April 10, 2018
    Construction body, the Specialist Engineering Contractors’ (SEC) Group, has welcomed the Government’s announcement that it will be introducing a package of measures to support SMEs supplying to government. SEC Group’s CEO, Rudi Klein, said that he was particularly pleased that the Government intends to exclude poor payers from government procurement. He said: “We have been urging the Government to introduce […]
  • MP’s new Retentions Bill can boost apprenticeships

    By Debbie Eales on December 19, 2017
    BESA fully supports 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 […]
  • Twenty-three trade associations call on government to reform cash retention practices in construction

    By Debbie Eales on December 19, 2017
    The ECA (Electrical Contractors’ Association) and BESA (Building Engineering Services Association) are among 23 trade bodies to have signed the following open letter on the issue of retentions in construction. Calling on the Government to reform retention practices, the signitories suggest Regulations should specify that retentions must be held in a statutory retention deposit scheme (rather than in clients’ own […]