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11/03/09, 12:35 pm

Legal Question

We are a material supplier, and a contractor we have sold to is holding retainage on us because the GC is holding retainage on him. I thought that retainage did not apply to material suppliers, due to the real property nature.

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There is no retainage unless it is required by your contract. Look for payment terms in your contract. ...

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Answered By:

Alan Wagner

Whether your client can hold retainage depends on the terms of your contract. However, your contract cannot infringe on...

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Answered By:

Frank Reilly

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