Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Innovation and Skills, in which month the Pye Tait Review of retentions in the construction industry will be published.
The main aim of the Pye Tait research is to provide a qualitative and quantitative assessment of the costs and benefits of the contractual practice of holding retentions in construction.
My Department is currently working with Pye Tait to finalise this research. It will be published alongside a consultation document later this year.