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What is Retainage in Construction?

Lets Build

Retainage percentages and negotiations. You can also negotiate for variable retainage, which can work in a couple of different ways. Retainage and mechanic’s liens. As a contractor, you have a powerful tool you can use to collect payment that you’re owed – a mechanic’s lien. But what can you do to get paid faster?

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The Bird Box Dilemma: When False Pay Apps and Lien Waivers Are Not Fraudulent Inducement

Best Practices Construction Law

Under Massachusetts law (like most states), in order to prevail on a claim for fraudulent inducement, a plaintiff must allege a false representation, material to the negotiations, upon which the plaintiff reasonably relied in entering into an agreement with the defendant.

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7 Things Contractors Need to Know About Retainage

Fieldwire

Retainage is up for negotiation Retainage is not set in stone. Every contract is negotiable, including what percentage is retained and for how long. BLOG How to Streamline Construction Processes from Planning to Payments Learn more → In addition, the same contract has a provision for negotiating variable retainage.

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Navigating the Waters Beyond Construction Law: Unveiling the Ties Between Construction and Maritime Liens

Federal Construction Contracting Blog

In this blog post, we will explore the intricate relationship between these two legal realms by diving into a primer on maritime liens. As you navigate these intertwined industries, understanding the nuances of maritime law, particularly maritime liens, becomes critical.

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Commercial Construction Best Practices: Debunking Construction Change Order Myths

HardHatChat

Enter the general contractor, who – if skilled enough in negotiations – can resolve the situation to avoid a potentially adversarial client and subcontractor relationship. The payment dispute goes to court.

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Plaza Construction Negotiating Pay Settlement for Florida Ritz-Carlton Renovation

ENR Construction

in lien filing covered renovation work on hotel that opened in January. Payment request of $7.7M

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Georgia Construction, Bond & Lien Law Blog: Practical advice, even if you are outside of Georgia

Construction Marketing Ideas

The Cobb Law Group’s Georgia Construction, Bond and Lien Law Blo g provides practical information for contractors doing business in Georgia. The Cobb Law Group’s Georgia Construction, Bond & Lien Law Blog clearly states its focus in its title. Negotiate/Review Your Contracts. Shore Up Your Credit Applications.

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