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Retentions top list of specialists' problems

RETENTION abuse is still blighting the lives of trade contractors with 80 per cent of firms highlighting it as the most common form of contractual problem.

The scale of abuse is revealed in the latest trade survey from the National Specialist Contractors Council.

One specialist said: 'Our biggest problem is not with interim payments which are generally paid in a reasonable time. It is with the final payment where the main contractor will try to get us to settle on a figure of less than our claim.

'Retentions are always difficult to obtain without monumental effort. In short, we as a company will be shrinking in order to lessen our reliance on subcontract work.'