Q&As

Under the JCT Intermediate Sub-Contract 2011, are retention monies repaid following the Final Release Date even if defects exist?

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Published on LexisPSL on 21/12/2018

The following Construction Q&A provides comprehensive and up to date legal information covering:

  • Under the JCT Intermediate Sub-Contract 2011, are retention monies repaid following the Final Release Date even if defects exist?

Under the JCT Intermediate Sub-Contract 2011, are retention monies repaid following the Final Release Date even if defects exist?

Under the JCT Intermediate Sub-Contract 2011, retention monies are released to the Sub-contractor as part of the ‘last interim payment’ (see clauses 4.9.4.2 and 4.10.1).

The default position is for the Final Release Date to trigger the due date for the last interim payment. However, the

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