Risk

Is It Time to Get Rid of Retainage?

While retainage has been part of the construction industry for decades, its concept, use (and abuse) have been under more discussion during the past 10 years.The question is very simple: Is it time for retainage to go?
By David K. Taylor
March 8, 2020
Topics
Risk
by David K. Taylor
David Taylor has a national construction practice representing all participants in the construction industry and is recognized as one of the leading construction lawyers in Tennessee and the Southeast. Serving as an arbitrator and a national trainer for the American Arbitration Association training other lawyers, David can better evaluate and advise his clients when disputes are arbitrated. David has been very active over his career in the pro bono, construction and ADR legal and business communities. 

Related stories

Risk
Finding the Solution to Rising Construction Insurance Premiums Cover Art

Finding the Solution to Rising Construction Insurance Premiums

By Yaron Dycian
Contractors can thank inflation, materials prices, the skilled-labor shortage and more for their rising insurance premiums, but those premiums can be brought down by taking the right steps.
Risk
Safeguarding History: Fire Risks in Renovating Historic Buildings Cover Art

Safeguarding History: Fire Risks in Renovating Historic Buildings

By Birgitte Messerschmidt
In light of Notre Dame's restoration and the current wildfires devastating the Southern California region, safeguarding against fire is at the forefront of everyone's construction concerns.
Risk
How Contractors Can Ensure Compliance With Security Measures for Concert Venues Cover Art

How Contractors Can Ensure Compliance With Security Measures for Concert Venues

By Grace Calengor
Safety and security may not sound very rock ‘n roll, but they are what ensure the show goes on. Despite contractors’ best efforts, sometimes initial safety and security designs don’t cover it all. Make sure your company knows what to do if it comes to litigation.

Follow us




Subscribe to Our Newsletter

Stay in the know with the latest industry news, technology and our weekly features. Get early access to any CE events and webinars.