CDR has extensive experience acting for a wide variety of contractors and specialist subcontractors, in recovering retention money in construction owed to contractors for works in the construction industry.
Outstanding and overdue retention money construction are a bane of many contractors’ commercial lives, with many contractors having unpaid accounts showing retentions owed of many tens and sometimes hundreds of thousands of pounds.
Contract Dispute Resolution Ltd uses its experience in retention recovery in the construction industry to recover retention monies owed with the minimal expense of fees and resources.
We offer a fast track process to identify the retention construction contract, the right to deduct retention payment construction monies, the date the final moiety of retention was due, and claim the interest on the unpaid debt.
CDR uses letters before action, letters before commencement of proceedings, statutory demands, winding up petitions and construction adjudication where necessary to secure payment of outstanding retention construction monies for its contractors.
Our fees for this can be either on a fixed fee basis for each letter, so you know how much it will cost in advance, or on a no win no fee basis, where CDR takes an agreed percentage of the recovery of the retention fee, giving clients flexibility and a no risk solution to recovering unpaid retention monies.
Please email or call us for a free initial discussion to ascertain exactly how we can help and to outline the process in more detail. You will be glad you choose a safe, professional pair of hands to guide you through a difficult process.