Retainage Release Checklist

Before a public agency releases retainage to the contractor on a public works project, certain dates must have passed and certain documents must be on file with the public agency.

I've developed a Release of Retainage Checklist to help track these dates and documents. Keep in mind that some of the items noted on the Checklist may not specifically be required by State law (releases from Employment Security Department and Employer Liability Certificate from Labor and Industries), but, as a matter of policy, it's a good idea to obtain these releases in order to limit the public agency's potential risk exposure.

If you'd like a copy of the Release of Retainage Checklist, please contact me, and I'll be glad to e-mail you a copy.

I also provide training on the release of retainage process and how to handle claims filed against the retainage and payment bond.