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 (which can differ dramatically throughout the nation as construction laws vary by state) is usually a small percentage of the total contract value and acts as […]

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