The Aldous Retentions Protection Bill of 27 April 2018 is now being supported by more than 60 Trade Bodies. As notified by Project Compass previously it was first moved in Parliament in January. Peter Aldous MP who is moving the bill said of this need for reform:
“This coalition of support shows the urgent need for reform and unity of industry following Carillion. Support covers so much of the industry that we now have a golden opportunity to change construction for the better.
“I hope government gets behind industry and this Bill. We need action to protect SMEs before more millions are lost, and this Bill is about ensuring people’s money is safe so businesses can grow and invest in their future.”
Project Compass consider organisations representing construction design professionals should equally be adding their full support and leadership. Yet they are notably absent from the 60 Trade Bodies reported to be currentlky supporting this Bill (see below).
Through a retentions deposit scheme this bill improves conditions in the construction industry. In construction contracts retentions withheld unduly are a significant concern for all including design professionals, whether they are withheld for excessive time or because a contractor goes bankrupt. It has an adverse impact on all particularly SME’s in the supply chain and a healthier construction industry is in the best interests of all.
Project Compass invite you to write to your local MP to express your support for this Bill by 27th April (a template for you to do so is provided HERE), as well as writing to your professional organisation to seek their support.
Supporting Industry Organisations:
Heat Pump Association (HPA)
Process Innovation Forum (PIF)
Specialist Engineering Contractor’s Group (SEC Group)