Webinar - Discount or Bonus? Understanding Retentions in the UK Construction Industry
Webinar - Discount or Bonus? Understanding Retentions in the UK Construction Industry
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THU, JUL 30, 2026 13:00 PM BST
This session unpacks the complexities of construction retentions, what they are, how they function under major standard forms of contract like JCT and NEC4, and why their release is crucial for contractors' cash flow. Michael will guide attendees through key legal interpretations, common contractual amendments, recent regulatory changes, and practical strategies for securing timely release of retentions. Whether you’re a Contractor, Subcontractor, or construction professional navigating retentions and defect liability periods, this session will deliver valuable insights and actionable advice.
Accreditations & CPD
Accreditations & CPD
This course provides structured Continuing Professional Development (CPD). Recognition of CPD is subject to individual professional body requirements and the learner’s role. This course is not formally accredited unless explicitly stated.
Suitable for CPD requirements of RICS, CIOB, ICE, APM, and PMI members.
Learning Outcomes
Learning Outcomes
This session covers:
• Understanding retentions and how they are used
• Different forms of Contact
• Getting retention released
• Common amendments to the standard forms and pitfalls
• Relationship with making good defects
About the Author
About the Author
This course is produced by Built Intelligence in association with Michael Tiplady.
Mike is a highly experienced construction lawyer with over 35 years of experience dealing with the legal aspects of the construction and engineering industries. He has unique professional qualifications, in both law and engineering, having studied mechanical engineering at the University of Bath before completing his law exams at the University of Western England in 1987.
