Why Retainage Remains a Persistent Challenge for Subs Nationwide … and What You Can Do to Manage the Risks
In the January issue of Contractor’s Compass through the American Subcontractors Association, Eric Travers explores why retainage continues to create significant cash flow challenges for subcontractors. Retainage, the long‑standing practice of holding back a portion of earned payments until key project milestones or completion, remains one of the most persistent pressure points for subs. Eric outlines the current legal landscape and offers six practical strategies to help subcontractors manage these risks more effectively.
