In a recent Construction News survey, subcontractors confirmed that one third of retention monies held were overdue for release. At Retentionback.ie, our experienced team are on hand to help recover your money promptly.
We know that in some cases Retention is unduly withheld by the retention holder or client to increase their revenue. We also know that in many cases the retention debtor or contractor is often unaware that money is withheld or they have tried unsuccessfully to recover their retention. This can lead to a drain on your administrative resources when trying to track retention payments and often results in a reduction in retention or even write off!
This is where the Retentionback.ie team can help; Our experienced team will identify any retention debts owed, compile your claims and engage with debtors directly to recover any outstanding money on your behalf. We adopt various approaches to recover your money depending on the individual circumstances of each claim. Our tried and tested procedures will ensure that your money is recovered promptly whilst ensuring that positive relations are maintained with all parties.
Alternatively where circumstances dictate, we can escalate our approach to recover retention monies owed plus interest and related charges by Legal means as appropriate. Contact us today to find out how much your owed and how to get your money back. You really have nothing to lose.