Business
Legal and Regulatory
Construction Contractors Must Understand Retainage In 2021
Here is a guide to help contractors understand retainage and learn the process to manage it, with bonus facts that can be helpful when dealing with retainage in real-world scenarios.
By Ed Williams
April 28, 2021
Topics
Business
Legal and Regulatory
by Ed Williams
Ed Williams is the Director at ProjectPro, an integrated construction accounting software. He holds tremendous industry experience and is a Microsoft Dynamics expert focused on successful implementations. He is a visionary leader and always aims to deliver the best to the construction and project-oriented industries.
Related stories
Business
Construction Backlog Indicator Rises, Contractor Optimism Slips in July
By ABC
Backlog is up, but optimism is not. The ABC Backlog Indicator rose to 8.8 months in July, but that may mean fewer projects are coming to completion.
Business
Future-Proofing: Spend Your Money Smarter
By Dave Gray
The economy is more uncertain than ever, and construction companies may feel the instinct to cut spending as a result. While simply spending less is an option, strategic spending in workforce management can prevent cost leaks and lock in the right skilled labor to keep your company moving forward.
Business
Rising Debate: Proprietary Versus Non-Proprietary Elevator Equipment
By Scott Berman
Independent elevator companies are leveraging owner options, lower long-term costs, and supplier and equipment choice to compete against major proprietary brands. Who will come out on top?