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ARTICLE · 09 NOVEMBER 2017

Consultations On Construction Act And Retentions Launched - Potential Implications For The Construction Industry

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On 24 October 2017, two consultations were launched by the Department for Business, Energy and Industrial Strategy (BEIS), with replies and comments to be submitted by 19 January 2018.

United KingdomReal Estate and Construction

On 24 October 2017, two consultations were launched by the Department for Business, Energy and Industrial Strategy (BEIS), with replies and comments to be submitted by 19 January 2018.

The first consultation forms part of a review of the changes to the Housing Grants, Construction and Regeneration Act 1996 that took effect in 2011, and the second seeks information on the practice of cash retention under construction contracts.

  1. Overview
  2. Consultation on the Construction Act
  3. Consultation on retentions
  4. Key Links: consultation documents and replies

Overview

The BEIS has intentionally issued these two consultations "in parallel", with responses on both due by 19 January 2018. The BEIS has stated that the information gathered will be assessed with a view to deciding what "further intervention" is needed, if any. The analysis of the results "will help inform the Government's next steps".

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