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Retainage in Construction: Upgrade with e-Builder

Published Date
Author Christopher Kohlhagen

What is Retainage? Project retainage in construction is a common practice used in the industry. It is defined as withholding a percent from each progress payment to a contractor or subcontractor per contractual obligations. Construction retainage is used to ensure that the contractor completes a project to an owner’s terms and conditions, and it serves […]

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