20 min listen
What is Retainage and How to Get it Sooner
FromThe Lien Zone Podcast: Construction Law, Contracts, Liens, Bonds & Collections
What is Retainage and How to Get it Sooner
FromThe Lien Zone Podcast: Construction Law, Contracts, Liens, Bonds & Collections
ratings:
Length:
15 minutes
Released:
Jul 7, 2022
Format:
Podcast episode
Description
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 What is Retainage and How to Get it Sooner appeared first on TheLienZone Podcast.
Released:
Jul 7, 2022
Format:
Podcast episode
Titles in the series (100)
Is This Certificate of Insurance Worth the Paper it’s Printed on?: Things can go wrong very quickly on any sort of construction project, and a $50,000 job can easily turn into a million-dollar liability. Proceeding without insurance coverage – be it for personal injuries, damage or loss to property, by The Lien Zone Podcast: Construction Law, Contracts, Liens, Bonds & Collections