What Is Retainage in Construction?
1. Introduction What Is Retainage in Construction: Construction projects involve various parties working together to achieve a common goal. To ensure accountability and quality workmanship, the concept of retainage comes into play. Retainage serves as a safeguard for project owners, ensuring that contractors and subcontractors fulfill their contractual obligations. 2. Definition of Retainage Retainage, also […]