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COBRA offers FeRFA members an exclusive Retention Bond Scheme. This scheme gives FeRFA members the facility to offer clients a bond instead of a cash retention.
ADVANTAGES OF RETENTION BONDS
This new product is in development and will be available shortly, expected first quarter 2014.
FeRFA supports the NSCC No Retention Policy - that the practice of withholding cash retentions is outdated and unnecessary in modern construction. The best guarantee of quality is to choose a specialist and trained FeRFA contractor to undertake the work involved. More information on the NSCC No Retention Policy can be found HERE.
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