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Retainage in Construction: Security Measure for Owners, But What for Contractors?

Buildern

One such measure is the use of a retainage fee, which is a percentage of the contract amount that an owner withholds from a contractor until the completion of the project. 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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Centers of Technology: The Future Is Now

Business Facilities

“We have an abundance of resources and, in particular, access to talent which is really impactful when you think about leading commercialization in technology as well as providing a foundation for companies to be able to draw their own workforces.”. Rhode Island has set its sights on becoming a top hub of innovation.

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Industry Focus: Food Processing – The Process Of Consistency

Business Facilities

IMPA communities work closely with the state of Indiana, which has embraced its agriculture industry as a foundational part of the Indiana economy. Lawrence Seaway System, it is part of over 2,300 miles of water transportation from Duluth, Minnesota to the Atlantic Ocean. It is the first port of call on the Great Lakes within the St.