construction contract retention release process

Retention Money Release Clause Sample Wording To Secure Your Funds

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Understanding Retention Money Release Clause Sample Wording The retention money release clause sample wording is a critical component in contracts, especially in construction and service industries. This clause ensures that a portion of the payment, usually a percentage of the total contract value, is withheld until the completion of the project and any defects are … Read more

Request Retention Money Release in Construction Contracts Easily

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Understanding Retention Money in Construction Contracts Retention money, also known as retention fund or retention amount, is a portion of the contract price that is withheld by the client until the completion of a construction project. The purpose of retention money is to ensure that the contractor completes the project to the required standard and … Read more