15 min
How to Get Retainage Sooner The Lien Zone Podcast: Construction Law, Contracts, Liens, Bonds & Collections
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- Management
What is retainage? Retainage is standard in many construction contracts as an incentive for the contractor to perform their work in a satisfactory manner. When retainage is used, the contractor will receive a percentage of their contract price as portion of their payment at the start of a project. These retainage payments are typically withheld …
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The post How to Get Retainage Sooner appeared first on TheLienZone Podcast.
What is retainage? Retainage is standard in many construction contracts as an incentive for the contractor to perform their work in a satisfactory manner. When retainage is used, the contractor will receive a percentage of their contract price as portion of their payment at the start of a project. These retainage payments are typically withheld …
+ Read More
The post How to Get Retainage Sooner appeared first on TheLienZone Podcast.
15 min