Construction Coalition - Supported Retainage Reform Bill HB 1115 Moves On To The Senate: Contact Your State Senator Now To Urge Support

"Retainage" is the amount withheld from contractors’ monthly payments to ensure work is completed satisfactorily. Ideally retainage would be released at the end of a project; however, some public entities delay retainage payment for many months after contractors have finished the project – even after the project is operational. To read the bill, click here: http://www.coloradocapitolwatch.com/bill/1/HB11-1115/2011/1/