Contractor Community0

• Contractor Community
• March 7, 2019

March 2019 Edition ASA Working on Draft Proposed Retainage Legislation As ASA continues to craft its legislative agenda for the 116th Congress, we are focusing our efforts on draft proposed retainage legislation that would lower the maximum retainage rate used by the federal government to 5 percent from 10 percent. In construction contracts, retainage is