McCarthy, Leonard & Kaemmerer L.C.
314-392-5200

Day: May 10, 2017

May 10, 2017 – McCarthy, Leonard & Kaemmerer L.C. May 10, 2017 – McCarthy, Leonard & Kaemmerer L.C.

May 10, 2017

Retainage on Private Construction Contracts in Missouri?

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One significant problem that contractors and subcontracts face pertains to the timing of the release of retainage on construction projects.  Retainage is a portion of the agreed upon contract price withheld until the work is substantially complete to “ensure the proper performance of the contract or agreement”.  Section