An examination of the retention practice in the New Zealand construction industry
The payment mechanism of construction projects is different compared to other industries. For every payment made to a contractor or subcontractor a sum of money is held back which can vary from a low of 2% to as high as 10%. This deduction is a phenomenon peculiar to construction and is known as ret...
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Format: | Others |
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Auckland University of Technology,
2016-06-20T04:07:07Z.
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Online Access: | Get fulltext |