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  • Guidance
    • Guidance for Lawyers
  • Pre-Qualification
    • 1 - Eligibility
    • 2 - Registering for an Account
    • 3 - Effect of Application to Join the Scheme
  • Scheme Rules
    • 1 - Definitions
    • 2 - Joining the Scheme
    • 3 - Tier 1 Contract Accounts
    • 4 - Subcontract Accounts
    • 5 - Our Interest in the Retention Funds
    • 6 - Protection of Funds under the Scheme
    • 7 - The Scheme Online Portal
    • 8 - Fees & Charges
    • 9 - Insolvency
    • 10 - Discharge from the Scheme
    • 11 - Disputes
    • 12 - Expiry
    • 13 - Your Obligations
    • 14 - Our Liability
    • 15 - Data Protection
    • 16 - Confidentiality
    • 17 - Notices
    • 18 - Governing Law
    • 19 - Rights of Third Parties
    • 20 - Severance
    • 21 - Updates to these Rules
  • Definitions
    • Bank
    • Base Rate
    • Beneficial Owner
    • Business Days
    • Compliance Requirements
    • Confidential Information
    • Construction Contract
    • Construction Operations
    • Contract
    • Contract Account
    • Contract Sum
    • Corporate KYB
    • Contractor
    • Data Protection Laws
    • Deposit Bank
    • Employer
    • England
    • Final Date for Payment
    • Final Release of Retention
    • Individual KYC
    • Insolvency
    • Pay Less Notice
    • Payment Notice
    • Paying Party
    • Pre-Qualification Information
    • Receiving Party
    • Rectification Period
    • Retention
    • Rules
    • Sanctions
    • Sanctions Authority
    • Scheme
    • Subcontract
    • Subcontract Account
    • Subcontract Retention
    • Subcontractor
    • Supply Chain
    • Tier 1 Contract
    • Tier 1 Contract Account
    • Tier 1 Contractor
    • Tier 1 Retention
    • United Kingdom
    • User
    • VAT
    • Wales
    • We or Us
    • Your
    • Works
  1. Overview
  2. Pre-Qualification

Pre-Qualification

In both this Pre-qualification Information and in the Rules we will refer to the contract under which the Retention is being withheld as “the Contract”.

  • 1 - Eligibility

    1.1    In order to join the Scheme: 1.1.1    You must have signed a Construction Contract that: (a)    contains payment terms requiring or permitting the Paying Party to withhold a Retention;(b)    contains terms ...

  • 2 - Registering for an Account

    2.1    In order to join the Scheme, you will first need to complete our online registration form. The first time that you use the Scheme, you will need to provide information about yourself (or the company that is being registered for the Scheme ...

  • 3 - Effect of Application to Join the Scheme

    3.1    We will take your completion and submission of the online registration form (whether in relation to a Tier 1 Contract or a Subcontract) as your agreement to join the Scheme and be bound by these Rules in the administration of the Contract ...

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