How Does Retainage Work at Sophia Hoff blog

How Does Retainage Work. Also, since profit margins in construction often are low, the standard retainage of 5% to 10% usually winds up being the contractor’s profit. Retainage, sometimes known as “retention,” is the payment amount withheld from contractors and subcontractors until the construction project’s end. Retainage or retention can be: Retainage typically ranges from five to ten percent, with the amount being reduced as the project progresses to substantial and final completion. Retainage, also called “retention,” is an amount of money “held back” from a contractor or subcontractor during the term of a.

What is retainage? Everything a contractor needs to know Knowify
from www.knowify.com

Retainage or retention can be: Also, since profit margins in construction often are low, the standard retainage of 5% to 10% usually winds up being the contractor’s profit. Retainage, also called “retention,” is an amount of money “held back” from a contractor or subcontractor during the term of a. Retainage typically ranges from five to ten percent, with the amount being reduced as the project progresses to substantial and final completion. Retainage, sometimes known as “retention,” is the payment amount withheld from contractors and subcontractors until the construction project’s end.

What is retainage? Everything a contractor needs to know Knowify

How Does Retainage Work Retainage typically ranges from five to ten percent, with the amount being reduced as the project progresses to substantial and final completion. Retainage or retention can be: Also, since profit margins in construction often are low, the standard retainage of 5% to 10% usually winds up being the contractor’s profit. Retainage, also called “retention,” is an amount of money “held back” from a contractor or subcontractor during the term of a. Retainage, sometimes known as “retention,” is the payment amount withheld from contractors and subcontractors until the construction project’s end. Retainage typically ranges from five to ten percent, with the amount being reduced as the project progresses to substantial and final completion.

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