A reference manual published by the American Subcontractors Association, Retainage Law in the 50 States, is available for construction subcontractors to understand retainage laws across the U.S. Each state entry in the manual reviews critical factors in retainage law for private and public work, including the retainage rate permitted under law, retainage release milestones, and any options to provide alternative securities in lieu of retainage. The manual also contains a chart summarizing the major elements of retainage law for each state. Subcontractors and specialty trade contractors can learn more about negotiating reduced or zero retainage by participating in ASA’s April 9, 2013, webinar, “Negotiating Retainage.”
Related Stories
| Aug 30, 2016
CONVENTION CENTER GIANTS: A ranking of the nation's top convention center sector design and construction firms
Gensler, LMN Architects, AECOM, Turner Construction Co., and WSP | Parsons Brinckerhoff top Building Design+Construction’s annual ranking of the nation’s largest convention center sector AEC firms, as reported in the 2016 Giants 300 Report.
BIM and Information Technology | Aug 30, 2016
BIM GIANTS: A ranking of the nation's top BIM design and construction firms
HOK, Perkins+Will, Turner Construction Co., The Whiting-Turner Contracting Co., Jacobs, and Thornton Tomasetti top Building Design+Construction’s annual ranking of the nation’s largest BIM AEC firms, as reported in the 2016 Giants 300 Report.
Great Solutions | Aug 23, 2016
11 great solutions for the commercial construction market
A roll-up emergency department, next-gen telemedicine center, and biophilic cooling pods are among the AEC industry’s clever ideas and novel innovations for 2016.
| Aug 19, 2016
RECONSTRUCTION GIANTS: Facelifts give buildings new identities, even as they keep a few wrinkles
Reconstruction is always a balancing act between the client’s pro forma and what the building needs to be vibrant again.
| Aug 19, 2016
Top 110 Reconstruction Construction Firms
Gilbane Building Co., Turner Construction Co., and The Whiting-Turner Contracting Co. top Building Design+Construction’s annual ranking of the nation’s largest reconstruction sector construction and construction management firms, as reported in the 2016 Giants 300 Report.
| Aug 18, 2016
LOCAL GOVERNMENT GIANTS: A ranking of the nation’s top design and construction firms in local sector work
HOK, Stantec, Turner Construction Co.,Clark Group, AECOM and STV top Building Design+Construction’s annual rankings of the nation’s largest local government sector AEC firms, as reported in the 2016 Giants 300 Report.
| Aug 18, 2016
STATE GOVERNMENT GIANTS: A ranking of the nation’s top design and construction firms in state sector work
CannonDesign, Stantec, Turner Construction Co.,Mortensen Construction, WSP | Parsons Brinckerhoff and AECOM top Building Design+Construction’s annual rankings of the nation’s largest state government sector AEC firms, as reported in the 2016 Giants 300 Report.
Hotel Facilities | Aug 17, 2016
First of its kind tri-branded Marriott hotel under construction in downtown Nashville
The hotel will combine the AC Hotels, Residence Inn, and SpringHill Suites brands.
| Aug 15, 2016
SPORTS FACILITY GIANTS: New and renovated college sports venues - designed to serve students and the community
Schools are renovating existing structures or building new sports facilities that can serve the student body and surrounding community.
| Aug 15, 2016
Top 60 Sports Facility Construction Firms
Mortenson Construction, AECOM, and Turner Construction Co. top Building Design+Construction’s annual ranking of the nation’s largest sports facility sector construction and construction management firms, as reported in the 2016 Giants 300 Report.
