Glossary
What is the defect liability period?
The defect liability period is a set time after completion, often six to twenty-four months, during which the contractor must return and fix defects at their own cost. Part of the retention money is usually held until it ends.
Also called: DLP, Defects notification period, Maintenance period, Warranty period.
The length and terms are set by the contract. Contractors frequently lose track of when the period ends on older projects, and so of when the remaining retention can be claimed.
In ERP Infra
Retention held per bill is tracked with its release point, so money that has become due back is visible.
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