Jun 11, 2024 · Retainage — or retention or holdback — is a common practice in the construction industry where a portion of payment, typically 5-10%, is withheld until a predefined milestone is …

Retainage is an amount of money withheld from payment to a contractor or subcontractor until the end of the construction project, or a time specified in the contract.

Retainage is a portion of the agreed upon contract price deliberately withheld until the work is complete to assure that the contractor or subcontractor will satisfy its obligations and complete a construction …

Apr 21, 2021 · Retainage is the withholding of a portion of the final payment for a defined period to assure a contractor or subcontractor has finished a construction project completely and correctly.

Oct 30, 2025 · Retainage in construction is the practice of withholding a portion of a contractor’s payment until a project reaches certain milestones or is fully completed.

Dec 18, 2024 · What is Retainage in Construction? Retainage, a common practice in construction contracts, involves withholding a portion of the total payment, typically 5–10%, until the project’s …

Dec 8, 2025 · In construction projects, retainage refers to the portion of payments that project owners or general contractors temporarily withhold from contractors or subcontractors.

Aug 15, 2023 · Retainage, also called retention, is an amount withheld from the contractor until a later date. It’s fairly common, especially on commercial and public construction projects, and typically …

Retainage, a common financial safeguard in the construction industry, refers to a portion of each payment deliberately withheld until substantial completion of a project.

Dec 11, 2025 · Retainage is a long-standing construction payment policy that allows project owners and GCs to hold back part of the money you’ve earned until the project is complete.