Great question! According to California's requirements, retainage amounts must be paid to the prime contractor within 45 days of completion of project. Once paid, the contractor must pay their subs within 10 days of receiving all or part of a retention payment.
However, if there's a good faith dispute over all or part of a progress or final payment, the direct contractor may withhold an amount not in excess of 150 percent of the disputed amount. If you have any other questions about California's construction payment rules, feel free to ask them here or to browse Levelset's Payment Resources for California.
You might also be interested in this article: How Subcontractors Can Get Retainage Back From GC Faster.
The information presented here is not legal advice and should not be construed as such. Rather, this content is provided for informational purposes. Do not act on this information as if it is advice. Further, this post does not create any attorney-client relationship. If you do need legal advice, seek the helSee More...See More...
0 people found this helpful
Helpful
Aug 27, 2019
I did a job how long do they have to pay me my final payment the last 10%