Plan to add retentions record to payment reporting law

The Government has floated plans to force main contractors to publish their retention payment policies and release records in a raft of proposed reforms to existing payment reporting laws.
The plan, which has just gone out to industry consultation, is being advanced to arm subcontractors and suppliers with information so they can decide who to trade with, negotiate fairer terms, and challenge late payment, according to Whitehall officials.Detailed prosposals include reporting:
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