flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

‘Retainage Laws in the 50 States’ manual from ASA available for subcontractors

‘Retainage Laws in the 50 States’ manual from ASA available for subcontractors


By BD+C Staff | April 5, 2013

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

University Buildings | May 19, 2015

Renovate or build new: How to resolve the eternal question

With capital budgets strained, renovation may be an increasingly attractive money-saving option for many college and universities. 

University Buildings | May 19, 2015

KU Jayhawks take a gander at a P3 development

The P3 concept is getting a tryout at the University of Kansas, where state funding for construction has fallen from 20% of project costs to about 11% over the last 10 years.

Retail Centers | May 18, 2015

ULI forecast sees clear skies for real estate over next three years

With asset availability declining in several sectors, rents and transactions should rise.

Contractors | May 18, 2015

Gilbane foresees double-digit growth in construction spending in 2015

In its Spring outlook, the construction company frets about hiring patterns that aren’t fully taking a project’s workload into account. 

Architects | May 10, 2015

Harness the connection between managing risk and increasing profitability, Part 2

In Part 1, we covered taking control of the submittals schedule and managing RFIs. Let’s move on to properly allocating substitutions and limiting change orders.

Contractors | May 8, 2015

Trends in U.S. commercial building size in three charts

A new study by the U.S. Energy Information Administration shows that there were 5.6 million commercial buildings in the U.S. in 2012, totaling 87 billion sf of floor space. This is a 14% increase in floor space since 2003.

Building Team | May 8, 2015

Construction industry adds 45,000 jobs in April

The construction industry saw an increase in jobs during the month of April after losing approximately 9,000 positions in March.

Building Team | May 8, 2015

Surety bond forms specifically for design-build projects now available

The documents are the first of their kind to be coauthored by designers and builders.

Engineers | May 6, 2015

Megadeals drive mergers and acquisitions in engineering and construction industry: FMI report

Large deals and the convergence of design and construction are spurring M&A activity in the engineering and construction industry, according to the FMI Mergers & Acquisitions Trends report.

High-rise Construction | May 6, 2015

Parks in the sky? Subterranean bike paths? Meet the livable city, designed in 3D

Today’s great cities must be resilient—and open—to many things, including the influx of humanity, writes Gensler co-CEO Andy Cohen. 

boombox1
boombox2
native1

More In Category




Codes and Standards

New FEMA rules include climate change impacts

FEMA’s new rules governing rebuilding after disasters will take into account the impacts of climate change on future flood risk. For decades, the agency has followed a 100-year floodplain standard—an area that has a 1% chance of flooding in a given year.

halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021