Money & Pricing
Retainage
Money a customer or general contractor holds back from each progress payment until the job is finished and approved. It is usually a small percentage of the contract, though the rate and release rules depend on the contract and the state.
Full guide: roofing contractor profit maximization
Common questions
What does "Retainage" mean in Xactimate estimating?
Money a customer or general contractor holds back from each progress payment until the job is finished and approved. It is usually a small percentage of the contract, though the rate and release rules depend on the contract and the state.
Where does "Retainage" show up in a claim?
The term matters on estimates and scopes across the insurance restoration workflow, see the full guide for where it fits.
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