Daily Archives: July 13, 2012

Public Contracting 101: Retainage

July 13th, 2012 (No Comments)

This post is the first in a series on the basic concepts and tenets of public contracting in Pennsylvania. Public works contracts in Pennsylvania may include a provision for the withholding of retainage. Retainage is a sum of money which is withheld from payment until the contract is completed. However, under the Pa. Procurement Code […]