St. Louis Legal Issues Blog

What Is the Construction Retention Law in Missouri?

In construction, retention laws allow project owners to hold back a portion of the payment due to contractors and subcontractors until they complete the project satisfactorily. This withheld amount, usually a small percentage of the total contract value, acts as security to guarantee work quality and completion. Once the work meets all contract requirements, the […]

Jan 18 2024      On Behalf of  David M. Duree & Associates, P.C.      Construction