As we all know, retention is the proportion of money that the Client/Principal Contractor holds back as a 'lever' to persuade the sub-contractor to correct any defects that might become apparent after the contract has been signed.
A typical retention figure is 5% of the certified contract value. Half of this is released upon 'practical completion' of the project and the other half, after the defects libility period, providing the sub-contractor has corrected defe
The other day I was chatting to a painting contractor client of ours
He was telling me about a large painting project he is currently working on. As usual the build is seriously behind on programme and despite the weekly programme meetings and programme revisions, the completion date is fast approaching with many areas still not ready for decoration.
Despite this, the site manager and contracts manager is demanding that they put more and more painters
Construction Industry Training Board (CITB) levy is a legal requirement for the whole of the Construction Industry.
The CITB levy has to be paid by all sub-contractors and Principal Contractors whose annual wage bill (PAYE + CIS) exceeds £80K
If your wage bill does NOT exceed £80K then you DO NOT have to register with CITB.
All Contractors and Sub-Contractors whose overall annual wage bill exceeds £80k are required to register with the CITB.
Recently, a couple of my painting contractor clients contacted me to say that they were being offered the painting contract to a large residential site.
Apparently the current painters had either 'walked' or there were major 'quality' issues with the painting.
Usual scenario: The Principal Contractor tells the 'new' painter how poorly the current painter is performing and that if he can match his prices, they'll give him the project.
The 'new' pai
HOW TO PRICE PAINTING WINDOWS?
There is only one way to accurately price painting windows: Measure and apply all-in painting rates.
What do I mean?
When pricing painting to windows, each window should be measured, flat, overall. If you are painting both sides, you need to measure each side separately. E.g. A window measuring 1m x 2m will have a quantity of 2m2 if you are painting one side and 4m2 if both sides are to be painted.
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