This should only be done when all other options have been exhausted. If you do go this route, you’ll need to make sure you do your homework and have plenty of supporting documentation and evidence to support your lien actions. As always, consult with a lawyer before signing contracts or enacting your lien rights. Most payment applications will include specific fields and guidelines to help you calculate payments with retainage included. When the retention payment is made, it is posted… Read More »How to Accurately Track Retainage Receivables in Construction