Who Are we?
Welcome to Retention Monies! A service dedicated to the Prevention, Recovery, and Management, of Retention Monies for UK Contractors. We are a team of dedicated Quantity Surveyors with the right experience to provide risk free solutions to easily manage your retention money troubles.
How does it work?
Whether you need support avoiding onerous retention clauses (Prevention), or to rightfully reclaim your retention monies (Recovery), or require full support from agreeing fairer retention terms at commencement to ensuring no delays in the recovery of retention monies, then we have the serive to suit your specific requirements.
Retention Prevention
Set the standard by avoiding onerous & unfair retention clauses and easily agree fairer terms & conditions.
Retention Recovery
Struggling to recover your retention monies? Then don’t delay reclaim your retention monies today.
Retention Management
Complete access to and support from experienced quantity surveyors that will manage the process from start to end and all the stuff in the middle.
YOU WOULD LIKE TO know more?
Book a free telephone or video call to answer any queries and obtain helpful advice
Did you know?
Financial Impact
Delayed Payments
Insolvency Risks
Recovery Difficulties
It is estimated that up to £6 billion is held in construction retentions each year alone. This practice places significant financial pressure on contractors and their supply chains, affecting both cash flow and the ability to take on new projects (Modus).
A Survey by the Federation of Master Builders (FMB) found that 92% of builders reported experiencing delays in recovering retention money. This often leads to serious cash flow problems for smaller firms, highlighting the widespread nature of the issue (Modus).
A Survey by the Federation of Master Builders (FMB) found that 92% of builders reported experiencing delays in recovering retention money. This often leads to serious cash flow problems for smaller firms, highlighting the widespread nature of the issue (Modus).
According to a report by the Specialist Engineering Contractors' (SEC) Group, it can take up to three years to recover retention payments, if at all. This delay exacerbates financial strain and operational challenges for contractors (Duncan Cotterill) (Modus).
Join the movement - Lets Work Together
If you are on the receiving end of retention troubles or require an effective retention prevention, recovery and complete management service, the look no further as we can help. To avoid such issues lets connect and discuss how we can limit your exposure to onerous retention terms , successfully and efficently recover any retention sums owed and how we can manage the risks for you.
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CONTACT US
Book a free 30min vide call consultation, ask questions, get answers.
YOUR VIEW
Join the movement, provide your perspective and experience on retention terms. Are retention terms a fair solution for the supply chain.