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Accounting for Retention Receivable & Payable: A Contractor’s Guide

Levelset

Retention doesn’t usually apply to material suppliers. ABC Contractor is billing a project owner for $100,000 with 10% retention. When ABC completes the project, they will invoice the customer for $10,000 in retention. Paul’s Masonry is a subcontractor working on a project with ABC Contractor as the general contractor.

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Louisiana Public Contract Law: Material Supplier Notice Requirement

Construction Law Monitor

Over the past few years there has been a spike in public work and as these jobs reach completion contractors, subcontractors, equipment lessors, laborers and materials suppliers are forced to become well versed in the layout of the public bid law. Public Work – Material Supplier Notice Requirement Statute. Public Bid Law.

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Louisiana Public Contract Law: Material Supplier Notice Requirement

Construction Law Monitor

Over the past few years there has been a spike in public work and as these jobs reach completion contractors, subcontractors, equipment lessors, laborers and materials suppliers are forced to become well versed in the layout of the public bid law. Public Work – Material Supplier Notice Requirement Statute. Public Bid Law.