Wednesday, 13 January, 2021
3:00 pm – 3:45 pm Retention Sums in Construction Contracts: Rights and Remedies
About this talk
What can a contractor do if the employer refuses to release the retention sum? In construction contracts, a retention sum is intended to ensure due performance by the contractor. However, disputes are common and some employers retain the retention sum without justification. Join us for this online talk in which our speakers will explain what retention sums are and how contractors can claim for the release of retention sums. The talk will be delivered over video conference using Zoom.us. You can either view the talk from your web browser or download the Zoom app.
Talk Points
- How retentions sums are supposed to work in construction contracts
- Options available when the employer refuses to release retention sums
- How to claim for retention sums if the employer has been wound up
- Impact of the COVID Act on claims for the release of retention sums
Speaker
- Christine Toh, Partner, Dispute Resolution Practice Group
