Legal Question in Construction Law in Michigan

Retainge holdings

What is the legal retainage percentage allowed by law to be held in construction


Asked on 4/22/09, 10:50 am

1 Answer from Attorneys

Patrick Tracy Patrick J. Tracy, Esq, P.E.,

Re: Retainge holdings

It depends on the construction contract you sign. The custom and usage of trade is 10%.

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Answered on 4/22/09, 11:18 am


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