The Subcontractor’s Guide to Retention
Designed for subcontractors, this guide offers insights into ensuring on-time payments, and steps to take if your retention isn’t paid.
Managing Construction Retention
The management and return of retention monies are a common cause of project delays and disputes, and often add an extra layer of complexity to what is already a high-pressure environment. In this recorded 1-hour webinar – hosted by Payapps in partnership with James Hukin, Director at Vital Accounts and Lewis Skittrall, Commercial Manager at […]
What Is Retention?
Understand the do’s and don’ts of collecting your retention money and making sure you get paid correctly!
Watch How Easy It Is to Calculate Retention Using Payapps
Payapps is designed to improve collaboration between subcontractors and builders, especially when it comes to payment applications. We also make it super-easy to store all your contract and compliance information in one place and integrate with your favourite accounting packages like QuickBooks MYOB, and Xero. In this quick video, our product specialist Simon Shields will […]
Navigating The New Retention Legislation in New Zealand
Construction retention is a part of the contractual agreement between contractors and subcontractors, which ensures that a portion of the payment is withheld until the project is completed satisfactorily. In New Zealand, the practice is governed by the Construction Contracts Act, and recently, a significant amendment was introduced through the Construction Contracts (Retention Money) Amendment […]
The Contractor’s Guide to Retention
Designed for contractors, this guide offers insights into ensuring on-time payments, and steps to take if your retention isn’t paid.
Managing Construction Retention
The management and return of retention monies are a common cause of project delays and disputes, and often add an extra layer of complexity to what is already a high-pressure environment. In this recorded 1-hour webinar – hosted by Payapps in partnership with James Hukin, Director at Vital Accounts and Lewis Skittrall, Commercial Manager at […]
What Is Retention?
Retention is security held by a procuring contractor to guarantee the performance of a suppling contractor and in particular to safeguard against defects in the event that the supplying contractor fails to satisfactorily rectify them. The security is usually in the form of case withheld (retained) but is often substituted for a bank guarantee or […]
Navigating The New Retention Legislation in New Zealand
Construction retention is a part of the contractual agreement between contractors and subcontractors, which ensures that a portion of the payment is withheld until the project is completed satisfactorily. In New Zealand, the practice is governed by the Construction Contracts Act, and recently, a significant amendment was introduced through the Construction Contracts (Retention Money) Amendment […]
Watch How Easy It Is to Calculate Retention Using Payapps
Payapps is designed to improve collaboration between subcontractors and builders, especially when it comes to payment applications. We also make it super-easy to store all your contract and compliance information in one place and integrate with your favourite accounting packages like QuickBooks MYOB, and Xero. In this quick video, our product specialist Simon Shields will […]