Retainage Management Collection
See Also: Retainage Management and Collection Retainage Management Collection Example For example, a client may hire a contractor for a $100,000 project. The contract stipulates 10% retainage. Over the course of the project, the client pays the contractor $90,000 for the work. But 10% of the total cost, $10,000, is withheld until the completion of
July 24, 2013
