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28Apr

Do We Still Need Retainage?

There have been debates for years about the pros and cons of owners withholding retainage (usually 5% or 10%, depending on each state’s retainage laws or local “industry standard”) from prime contractors. Typically, the primes will, in turn, withhold...
By: Bradley Arant Boult Cummings LLP
Source Url: https://www.jdsupra.com/legalnews/do-we-still-need-retainage-91660/

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