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Retainage
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The Law Is Catching Up to Retainage—and Subs Should Take Notice0
- Best Practices, Cash Management, Contracts, FINANCE, Outlook & Trends, Risk Management
- May 5, 2026
By Claire Wilson, Siteline The math has never been pretty. A general contractor negotiates 5% retainage with the owner, then turns around and holds 10% from its subcontractors. You absorb twice the financial burden for the same project risk—at margins that typically run 3 to 10%. For most subcontractors, the retainage being withheld is most
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Why Retainage Remains a Persistent Challenge for Subs Nationwide … and What You Can Do to Manage the Risks0
- FINANCE, Legally Speaking, Payment, Risk Management
- January 27, 2026
By Eric Travers, Esq., Kegler Brown Hill + Ritter As a construction attorney with over two decades of experience working closely with subcontractors and the American Subcontractors Association (ASA), I can confidently say that retainage has been, and remains, a significant and ongoing challenge for subcontractors nationwide. The concept of retainage originated in the 1840s.
READ MOREEliminate or Reduce Financial Impact of Retainage0
- Legally Speaking
- August 28, 2025
By Lee Brumitt, Esq., Dysart Taylor McMonigle Brumitt & Wilcox, P.C. In the 1840’s, the United Kingdom was constructing a massive railway system. The huge work demand brought unqualified and insolvent contractors to the fray. Defective and incomplete work was commonplace. To combat the losses and assure that work was completed, the government withheld 20%
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What To Look for When Entering a Construction Contract0
- Legally Speaking
- August 28, 2025
By Marc Felezzola and Angela Harrod Maybe your construction business is growing, or maybe it has been a long-standing national competitor, but regardless of how established your business is on the national scene, there are certain things that you should always consider when reviewing a subcontract. This is especially true when your business is entering
READ MOREContractor 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
READ MOREContractor Community0
- Contractor Community, Workforce & Professional Development
- October 12, 2018
October 2018 Free Nov. 13 ASA Webinar Examines Ways to Improve Communications Between GCs and Subs In the complimentary Nov. 13 ASA webinar, “The Soft Side of Scheduling: Improving Communications Between GCs and Subcontractors,” presenter Steve Groth, vice president, director of operations, Chiaramonte Construction, Washington, D.C., will examine ways to improve project management communication
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- March 7, 2019
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About FASA
To educate and equip subcontractors and suppliers with the knowledge and resources they need to thrive in the construction industry. Additionally, FASA raises awareness about issues critical to and about construction in the United States.
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