Posts from June 2021.
Statutory v. Contractual Retainage on Texas Private Projects and the Contractual Retainage Notice
Statutory v. Contractual Retainage on Texas Private Projects and the Contractual Retainage Notice

Statutory Retainage

Texas law obligates construction owners to withhold 10% of the value of the work during the course of a project and for 30 days after final completion. This is generally known as statutory retainage. Owners should memorialize their statutory retainage obligation in their construction ...

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