We filed a "release of retainage bond" on a project so the GC can't legally withhold retention from us. however they still haven't paid it. How long do they have legally to pay the retention once they receive the bond?
1 reply
Dec 11, 2019
Absent some informational elements regarding the project that may render a general response partially or wholly inaccurate, I would direct you to: https://www.levelset.com/retainage/washington-retainage-faqs/.
If I can be of any assistance handling collections on your company's behalf, please don't hesitate to contact me.