UK

Retention, held and released on time

Retention is easy to deduct and easy to lose track of. QScope carries the running balance so the release at practical completion and the final tranche are never left on the table.

QScope Team · 12 January 2026 · 6 min read

Retention is money you have already earned and are waiting to be paid. On a UK job the deduction happens every valuation without anyone thinking about it, and the release happens only if someone remembers to ask. QScope is built so nobody has to remember.

The running balance

QScope deducts retention at the contract rate on each interim valuation and carries the cumulative figure forward. It is not recalculated from scratch each month, which is where hand-kept spreadsheets quietly disagree with the certificates. The balance held is always the sum of what was deducted, tranche by tranche.

StageRetention position
Interim valuationsDeducted at the contract rate, accumulating
Practical completionFirst moiety released, balance held
End of rectification periodSecond moiety released once defects are made good

Release tied to the milestones that trigger it

The two events that unlock retention are practical completion and the end of the rectification period. QScope links the retention release to those milestones rather than to a date typed in months earlier, so the half held at practical completion is scheduled the moment PC is recorded, and the final tranche is scheduled from the rectification period end.

Retention is not released because time passed. It is released because a milestone was reached. QScope schedules it off the milestone.

Retention on variations

Retention applies to the whole valued work, variations included. When agreed variations flow into the gross valuation, the retention deduction moves with them automatically, so the held balance reflects the real contract value rather than the original bill. A retention position calculated on the tender sum alone understates what is held.

Subcontract retention, the same discipline down the chain

A main contractor holding retention from subcontractors carries the mirror image of what the client holds from it. QScope keeps each subcontract retention position separately, so the release you owe down the chain and the release you are owed up it are both visible, and neither is forgotten when practical completion arrives.

Where retention is lost. Not to dispute, but to drift. A rectification period ends, nobody schedules the release, the balance sits unclaimed, and by the time it is noticed the relationship that would have paid it without argument has moved on. QScope surfaces the due release before it becomes a chase.

Reconciled to the penny

At final account the retention line has to close exactly. Total deducted, total released, balance outstanding. Because QScope has tracked every tranche against its valuation, that reconciliation is already done. The final account inherits a retention position that agrees with itself, which is one fewer thing to argue about at the end of a job.

QScope does this part for you

QScope holds retention at the contract rate, tracks the cumulative balance across valuations, and schedules the release at practical completion and the end of the rectification period.

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