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09Jul

Avoiding the Tennessee Retainage Requirements

In Vic Davis Construction, Inc. v. Lauren Engineers & Constructors, Inc., the Tennessee Court of Appeals approved a contractor’s use of closeout costs to “holdback” 5% of the contract price without complying with the retainage requirements of the...
By: Dickinson Wright
Source Url: https://www.jdsupra.com/legalnews/avoiding-the-tennessee-retainage-77333/

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