Paid a sub-contractor retention and now can't get it back
Discussion
Morning all
As the title states, my boss is a sub contractor to a larger contractor the utility industry. He has paid a £10k retention which is supposed to cover defected works on both re-instating work and pipe laying defects for two years I. Which he has contributed to.
He ceased working for the large contractor in 2013. The contractor has returned £5k of his retention pretty quickly, but kept the remaining £5k for the rest of the two year period, as is the norm.
The two year period has ended (march 2015) and he is struggling to make the contractor give him the remainder of his retention.
As far as we know, there haven't been any defects on his work in this period, and I'm sure the contractor would have told him, with proof to back it up that there has been alterations on anything he has his name against.
There are many small sub contractors who have money owing to them from this large contractor. Some are owed ten times what my boss has put down.
Is my boss chasing his own tail? It's a fair chunk of money to lose for anyone.
Any advice appreciated
Cheers
As the title states, my boss is a sub contractor to a larger contractor the utility industry. He has paid a £10k retention which is supposed to cover defected works on both re-instating work and pipe laying defects for two years I. Which he has contributed to.
He ceased working for the large contractor in 2013. The contractor has returned £5k of his retention pretty quickly, but kept the remaining £5k for the rest of the two year period, as is the norm.
The two year period has ended (march 2015) and he is struggling to make the contractor give him the remainder of his retention.
As far as we know, there haven't been any defects on his work in this period, and I'm sure the contractor would have told him, with proof to back it up that there has been alterations on anything he has his name against.
There are many small sub contractors who have money owing to them from this large contractor. Some are owed ten times what my boss has put down.
Is my boss chasing his own tail? It's a fair chunk of money to lose for anyone.
Any advice appreciated
Cheers
Gassing Station | Jobs & Employment Matters | Top of Page | What's New | My Stuff