Evening all
I have been asked if I would be happy to accept a 5% retention clause for 6months on a quote I have sent for some work I have quoted for.
The company (builders) have 13 years records on company house
the 5% would be around 400quid+vat so not a massive amount
I have said I would prefer not to have a retention as I am only a small company and I offer a 6year NICEIC platinum promise guarantee anyway. and state on my quote- certs to follow after full payment- so this would mean I would have to issue the certs and wait 6months for the final payment or they would have to wait for the certs for 6months
any advise tips?
cheers
I have been asked if I would be happy to accept a 5% retention clause for 6months on a quote I have sent for some work I have quoted for.
The company (builders) have 13 years records on company house
the 5% would be around 400quid+vat so not a massive amount
I have said I would prefer not to have a retention as I am only a small company and I offer a 6year NICEIC platinum promise guarantee anyway. and state on my quote- certs to follow after full payment- so this would mean I would have to issue the certs and wait 6months for the final payment or they would have to wait for the certs for 6months
any advise tips?
cheers