Template:Did you know nominations/Retentions in the British construction industry
- The following is an archived discussion of the DYK nomination of the article below. Please do not modify this page. Subsequent comments should be made on the appropriate discussion page (such as this nomination's talk page, the article's talk page or Wikipedia talk:Did you know), unless there is consensus to re-open the discussion at this page. No further edits should be made to this page.
The result was: promoted by Yoninah (talk) 23:13, 28 November 2019 (UTC)
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Retentions in the British construction industry
- ... that the use of retentions in the British construction industry, which is now commonplace, has its origins in the Railway Mania of the 1840s? "The retention system has featured in the construction sector for over 100 years, whereby the majority of contracts have included provision for money to be held by the client" (page 27) & "Retentions originated in the UK during the construction of the railway system in the 1840’s" (page 32) Pye Tait Consulting (October 2017). "Retentions in the Construction Industry" (PDF). British Goverment. Department for Business, Energy and Industrial Strategy.
{{cite web}}: CS1 maint: numeric names: authors list (link)- ALT1:... that sub-contractors lost £250 million in unpaid retentions following the 2018 collapse of Carillion? "Retention losses following Carillion’s collapse in January 2018 are estimated as up to £250 million." from NEC (8 May 2019). "Retentions and their use with NEC contracts". Retrieved 27 October 2019.
{{cite web}}: CS1 maint: numeric names: authors list (link) - ALT2:... that the use of retentions in the British construction industry has been criticised for reducing cashflow and increasing prices?" Retentions restrict cash flow and reduce the ability of contractors to invest in their business." from Olson, Kirsti (15 May 2019). "Could Scotland lead the way in improving the UK construction industry payment process?". Scottish Construction Now. Retrieved 26 October 2019. also "because the work was priced to offset the retention costs" & "a proportion of contractors increase tender prices to offset the retention" from pages 20 and 23 of Pye Tait Consulting (October 2017). "Retentions in the Construction Industry" (PDF). British Goverment. Department for Business, Energy and Industrial Strategy.
{{cite web}}: CS1 maint: numeric names: authors list (link)
- ALT1:... that sub-contractors lost £250 million in unpaid retentions following the 2018 collapse of Carillion? "Retention losses following Carillion’s collapse in January 2018 are estimated as up to £250 million." from NEC (8 May 2019). "Retentions and their use with NEC contracts". Retrieved 27 October 2019.
Moved to mainspace by Dumelow (talk). Self-nominated at 08:37, 2 November 2019 (UTC).
- I will review this shortly. Hassocks5489 (Floreat Hova!) 09:40, 5 November 2019 (UTC)
This is mostly good to go, although I will have to continue the review this evening; but ref [2] and the home page of that website are giving me a 403 error. I have made some small tweaks for typos. Hassocks5489 (Floreat Hova!) 14:04, 5 November 2019 (UTC)
Well, ref [2] is working fine now this evening; maybe my work computer didn't like it! I have been through this article in considerable detail today; it is a subject I have a passing familiarity with but only on a basic level, and I can say it certainly gives a very clear and understandable explanation of the subject matter and has enhanced my understanding. Length and creation date (moved from mainspace) are fine; no close paraphrasing noted (there are some short technical terms/phrases which cannot really be paraphrased without affecting their meaning); sources are reliable and correctly used (I corrected one page number); and a QPQ review has been done. While all hooks are verified, I strongly prefer the original (Railway Mania) hook. Hassocks5489 (Floreat Hova!) 22:18, 5 November 2019 (UTC)
- Note: I have just tweaked ALT1 as follows: "...£250 million in unpaid retention" → "...£250 million in unpaid retentions" (sorry, meant to do this when reviewing). Hassocks5489 (Floreat Hova!) 20:56, 7 November 2019 (UTC)
