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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Bibliographic Details
Main Authors: Ayodeji Oke, Peter Ogunmola
Format: Article
Language:English
Published: UJ Press 2014-05-01
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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