Page 222 - BASIC GUIDELINE FOR QS

Quantity Surveying: Guideline for Quantity Surveyor Chapter 6

2. Release of the second half of the Retention Monies

 The second half of Retention Monies will be certified and released upon the
expiry of defects liability period. In most construction contracts, the Defects

Liability period is 12 months which the contractor is liable to complete any
defects arise due to the poor workmanship.

 Upon issuance of Maintenance Certificate, the 2nd half of Retention Money
will be released.

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