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, 2013
A new approach to post-occupancy evaluations
As a growing number of healthcare institutions become more customer-focused, post-occupancy evaluations (POE) are playing a bigger role in new construction and renovation projects. Advocate Health Care is among the healthcare organizations to institute a detailed post-occupancy assessment process for its projects.
| Aug 29, 2013
First look: K-State's Bill Snyder Family Stadium expansion
The West Side Stadium Expansion Project at Kansas State's Bill Snyder Family Stadium is the largest project in K-State Athletics history.
| Aug 29, 2013
McCownGordon Construction plans Kansas office
In response to business growth and client demand, McCownGordon Construction of Kansas City announced today it is opening an office in the State of Kansas located in Manhattan, Kan.
| Aug 27, 2013
Industrial Sector Report [2013 Giants 300 Report]
Building Design+Construction's rankings of the nation's largest industrial sector design and construction firms, as reported in the 2013 Giants 300 Report.
| Aug 26, 2013
What you missed last week: Architecture billings up again; record year for hotel renovations; nation's most expensive real estate markets
BD+C's roundup of the top construction market news for the week of August 18 includes the latest architecture billings index from AIA and a BOMA study on the nation's most and least expensive commercial real estate markets.
| Aug 26, 2013
Chicago Bears kick off season at renovated Halas Hall
An upgraded locker room, expanded weight room, and updated dining room with an outdoor patio greeted the Chicago Bears when they arrived at Halas Hall for practice this month. The improvements are part of a major expansion and renovation of the Bears’ headquarters in Lake Forest, Ill., completed by Mortenson Construction in less than seven months.
| Aug 22, 2013
Energy-efficient glazing technology [AIA Course]
This course discuses the latest technological advances in glazing, which make possible ever more efficient enclosures with ever greater glazed area.
| Aug 22, 2013
Warehouse remake: Conversion project turns derelict freight terminal into modern office space [slideshow]
The goal of the Freight development is to attract businesses to an abandoned industrial zone north of downtown Denver.
| Aug 21, 2013
First look: Petersen Automotive Museum's dramatic facelift
One of the world's largest automotive museums unveils plans for a stunning, sculptured metal exterior and cutting-edge interior upgrades.
| Aug 20, 2013
40 Under 40 retrospective: ‘U40s’ take on continuing ed, snake’s blood
Every month we’ll be touching base with past 40 Under 40 honorees to see what’s been happening in their professional and personal lives since winning the award. This month: An accomplished author of test-prep books and an architect who headed to China when the American economy turned sour.
