|
| << vorige | volgende >> |
Tijdschrift beschrijving
Alle jaargangen van het bijbehorende tijdschrift
Alle afleveringen van het bijbehorende jaargang
Alle artikelen van de bijbehorende aflevering
Details van artikel 11 van 14 gevonden artikelen
| Titel: |
The impact of contract duration on the cost of cash retention |
| Auteur: |
Hughes, Will Hillebrandt, Patricia Murdoch, John |
| Verschenen in: |
Construction management & economics |
| Paginering: | Jaargang 18 (2000) nr. 1 pagina's 11-14 |
| Jaar: |
2000-01-01 |
| Inhoud: |
Cash retention is a common means of protecting an employer from a contractor's insolvency as well as ensuring that contractors finish the work that they start. Similarly, contractors withhold part of payments due to their sub-contractors. Larger contracts tend to be subjected to smaller rates of retention. By calculating the cost of retention as an amount per year of a contract, it is shown that retention is far more expensive for firms whose work consists of short contracts. The extra cost is multiplied when the final payment is delayed, as it often is for those whose work takes place at the beginning of a project. This may explain why it is that main contractors are a lot less interested than sub-contractors in alternatives to cash retention, such as retention bonds. |
| Uitgever: |
Routledge |
| Bronbestand: |
Elektronische Wetenschappelijke Tijdschriften |
Details van artikel 11 van 14 gevonden artikelen
| << vorige | volgende >> |