Shaevel, Krems, O'Connor & Jackowitz, LLP
Attorneys at Law

News & Alerts

Recent News & Alerts

MA Legislature Places 5% Cap on Retainage in Construction Contracts

On August 8, 2014, Governor Patrick signed what has been called a “sweeping new law” for construction project owners, contractors and subcontractors. Most importantly, the law sets a limit on the amount of “retainage” a project owner can withhold from contractors and subcontractors.

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