Retainage Financing
By GovCon Finance
Money earned and held. On federal fixed-price construction the ceiling is 10% under FAR 52.232-5(e), and it applies where satisfactory progress hasn't been achieved rather than by default. A prime holding $800K across four projects is holding four different stories, and which one it is changes what finances it.
GovCon Finance
Federal contract financing for contractors, from 8(a) set-aside firms to established primes. Assignment of Claims, mobilization, retainage, set-asides, and protest delays. The mechanisms by name and by citation.
Related Topics
- Retainage
