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Discussion Starter #1
I've been viewing your forum for a while now. Thanks to the creators for having this site.

I work for a general contractor. We have a very large job and we have started making payments to our subcontractors. The job should last for several months. My question is:

If you have a subcontractor at the start of the job and their work is complete long before the job is over, how soon do you pay them their retention?

Seems like a pretty basic question :eek: , but our jobs don't usually take more than a couple of months. This one will last at least six. It certainly doesn't seem fair to make a subcontractor wait until the end of the job to get their retention.

Thanks in advance for your help :)

Kim
 

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I have a 0 retainage policy, everybody is paid when their phase is done including me. Hire the best and don't worry about it.
 

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The last GC that tried that Horse poop on me, paid me late fee's and interest.
Why is it that the subs have to finance the GC's project?
 
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