7 Things Contractors Need to Know About Retainage
Fieldwire
AUGUST 14, 2023
The practice dates back to the 1840s, dreamed up as a measure to reduce the owner’s risk and ensure that the project is fully completed according to the job specifications. For many construction businesses, the retainage payment accounts for their entire profit margin on the project. Retainage is no different.
Let's personalize your content