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How can Retainage be applied to a deposit request?

Florida

We are having a 10% retainage on the entire project being withheld on a 50% deposit request

1 reply

Oct 11, 2019
Generally retainage is applied per the contract, so if the contract requires it for all payments, then it may apply to deposits. You would need to review the contract and maybe consult with an attorney to see if this retainage is valid.
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