As a subcontractor, you know your retention must be paid on time and in full every time. Especially as it is likely you are already facing small profit margins and cash flow challenges.
To avoid putting yourself at risk, you need to have effective practices to guarantee you get paid what you’re owed. That’s why we’ve created this in-depth guide to construction retention. In it you learn:
- What is retention
- How retention is calculated
- How to effectively manage construction retention
- What to do if your retention isn’t paid.