X
03Sep

Illinois’ New Retainage Law

Effective August 20, 2019, Illinois law provides that a maximum of 10 percent retainage may be withheld from payments under private construction contracts and, after the contract is one-half complete, retainage must be reduced to 5 percent and kept...
By: Saul Ewing Arnstein & Lehr LLP
Source Url: https://www.jdsupra.com/legalnews/illinois-new-retainage-law-60751/

Related

Breathing Room? California Legislature Passes Two Major Amendments to California Consumer Privacy Act (CCPA)

Businesses may receive a bit of breathing room as a result of two amendments to the California Consu...

Read More >

Taking Advantage of Governmental Retirement Plan Contribution Limits

Many governmental 457(b) deferred compensation and 401(a) defined contribution plan sponsors do not ...

Read More >

Ban-The-Box Law Limits Criminal Background Inquiries By Federal Contractors Beginning In December 2021

The Fair Chance Act prohibits federal contractors from inquiring about a job applicant’s criminal b...

Read More >

M&T Bank Will Pay $100,000 to Settle EEOC Disability Discrimination Lawsuit

Bank Failed to Accommodate Manager With Pregnancy-Related Disability, Federal Agency Charged - BAL...

Read More >

Busy Board Returns to Rule Permitting Workplace Confidentiality Restrictions during an Employer’s Investigation

As anticipated, in one of the last decisions before the end of Member McFerran’s term, the NLRB iss...

Read More >

CCPA is Here – Is Your Privacy Notice Ready?

Last year towards the end of May, a barrage of emails and pop-ups informed online users about how co...

Read More >