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🚨The UK Government proposes ban on retention payments in construction contracts
Date: Tue, 24 Mar 2026 12:21:41 GMT
Summary: The Department for Business and Trade (DBT) in the UK has proposed a ban on retention payments in construction contracts, which are fees withheld from contractors to ensure project completion. This change aims to alter current payment practices in the industry.
Category: Regulatory Change
Impact Level: High
Key Actions: Review current contracts for retention clauses; prepare for contractual adjustments if the ban is enacted.
newcivilengineer.com/latest/…
#Construction #RetentionPayments #SmallBusinesses #
Grateful to join CMAA’s LA Owners Night — great conversations with the people shaping SoCal’s infrastructure. We’re excited to help turn these projects into real opportunities for small businesses to get involved. Thanks for having us, @CMAASC ! #ThinkHaven
🇺🇸Today, we honor the courage, resilience, and dedication of our Veterans. At Haven, we're committed to creating opportunities that serve those who have served us. Thank you to all Veterans for your service and sacrifice. #VeteransDay #ThinkHaven #SupportSmallBusiness
Today we remember those who gave everything for this country. On this #MemorialDay we honor their courage, sacrifice, and legacy. 🇺🇸
Did you know? ⁉️
More than 50% of US Small Businesses are Unaware of Federal Government Contracts, Losing $84 Billion a Year in Valuable Deals!
prnewswire.com/news-releases…
🎉 Happy #SmallBusinessMonth!
Here's to celebrating the heart and soul of our economy & communities—entrepreneurs and small business owners! Your hard work, creativity, and resilience fuel our economy and inspire us all. Let's support small local businesses this May and beyond!
🙌 With all this talk about the #eclipse —raise your hands if you want the United States Space Force to be your next client?!
If you're an 8(a) business and interested? Visit: havenproject.io or message us that you want to learn more!
#spaceforce #govcon #8a #thinkhaven
Informative meeting today at the TBAC GM!!
Lots of exciting things being worked on at @metrolosangeles
#SBPrime #GovCon #ThinkHaven
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The #IRS grants tax relief for individuals and businesses in the Wrangell Cooperative Association of Alaska Tribal Nation that were affected by severe storms, landslides and mudslides that began on Nov. 20, 2023. See ow.ly/RnTW50R2g4J
ALT Hands covering a home drawn on a chalkboard. Storm clouds drawn above the hands. White IRS logo on a blue background. Text: ‘IRS extends tax deadlines due to severe storms, landslides and mudslides for the Wrangell Cooperative Association.’ Irs.gov/disasters URL in white text.
Haven retweeted
Ready to take your business to the next level and unlock opportunities with government contracts? 🇺🇸
Follow us for insights, tips, and success stories from thriving small businesses in government contracting. 📈
#GovConGrowthLab #SmallBusiness #GovernmentContracts #SmallBizTips
Haven retweeted
📈 SBA-backed loans can help you grow your business!
🤝 Get matched with an SBA-approved lender: sba.gov/lendermatch
Haven retweeted
The U.S. government is the largest customer in the world, representing a big growth opportunity for small businesses across America!
Learn how contracting assistance programs can help you compete for and win federal contracts: sba.gov/contracting
Haven retweeted
A #TaxSecurity reminder: Take the strongest actions possible to safeguard your systems and data. On this #MomandPopBusinessOwnersDay, learn more from #IRS at irs.gov/identitytheft
ALT Husband and wife smiling while baking. Husband with silver bowl on head. Text: Most cyberattacks are aimed at businesses with fewer than 100 employees. Protect your tax security. IRS logo URL: irs.gov/identitytheft
Haven retweeted
Employing family for your #SmallBiz? An #IRS reminder that their wages are subject to certain income tax withholding depending on the business structure. Learn more: go.usa.gov/xznDw #MomAndPopBusinessDay
ALT Man and woman laughing behind a counter in a café. Text: Having your life partner as your business partner may be fun. Keep in mind that special tax situations may arise as spouses run a business together. Learn how these may affect you.’ www.irs.gov/smallbiz URL. IRS logo.
Haven retweeted
#WomenInBusiness: Compete for (and win!) federal contracts through the Women-Owned Small Business program!
✅ Learn how to get WOSB-certified sba.gov/wosb
✍️ Register for the Thursday, March 21 WOSB overview webinar: eventbrite.com/e/welcome-to-…
#WomensHistoryMonth
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One of the advantages of operating your own business is hiring family members. The #IRS has a guide for #SmallBiz owners that employ their spouse, children or parents. Learn more: go.usa.gov/xznDw
Wonderful news from @SBAIsabel and the rest of the leadership team at the @SBAgov!! 🥳🥳🥳
sba.gov/article/2024/02/14/s…
