Retainage in Construction: Security Measure for Owners, But What for Contractors?
Buildern
NOVEMBER 23, 2023
Considering the sensitive nature of construction projects, where each party has its own vested interests, each of them also tries to add more layers of security for their benefit. Usually, substantial completion is when the project is ready for its intended use or occupancy, even though minor work items may still need to be completed.
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