Network Rail end to retention use could be “game changer” in HVAC payment reform push

Network Rail’s pledge to reform prompt payment practices and abolish the use of retentions in its contracts has been hailed as a strong template for the wider construction industry and building services sector to follow. The organisation, which is responsible for managing rail infrastructure in the mainland UK, has announced said it was making significant changes to its contract terms for suppliers and their subcontractors during the five-year funding period between 2019 and 2024.