RETENTION BOND AND PERFORMANCE OF CONSTRUCTION PROJECTS IN NIGERIA
Retention bond guarantees that the contractor will carry out all necessary work to correct structural and/or other defects discovered immediately after completion of the contract, even if full payment has been made to the contractor. This research work assesses the effects of retention bond on cons...
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Main Authors: | Ayodeji Oke, Peter Ogunmola |
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Format: | Article |
Language: | English |
Published: |
UJ Press
2014-05-01
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Series: | Journal of Construction Project Management and Innovation |
Subjects: | |
Online Access: | https://journals.uj.ac.za/index.php/JCPMI/article/view/57 |
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