Construction: Billing:Written question - HL1336

Asked by Lord Stunell
Asked on: 05 September 2017
Department for Business, Energy and Industrial Strategy
Construction: Billing
To ask Her Majesty's Government whether the report they commissioned from Pye Tait Consulting on cash retentions in the construction industry has been submitted by that firm; and if so, when they intend to publish that report, and what action they plan to take in the light of its recommendations.
Answered by: Lord Prior of Brampton
Answered on: 12 September 2017

The Department will be publishing the Pye Tait report, alongside a consultation document on the practice of cash retentions under construction contracts shortly.

The Government will not pre-empt the outcome of the consultation, but will consider the responses to the forthcoming consultation carefully before making decisions about further action in this area.

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