R-08 · Tier 2 · Retainage
Retainage Without Stepdown or Substantial-Completion Release
Retainage is held at 10% or more through final closeout with no sub-scope release.
What MillworkShield looks for
This is the business risk behind the clause.
Risk
The sub's working capital is held hostage to total-project completion it does not control.
Cleaner ask
Reduce retainage at 50% completion and release on Subcontractor's substantial completion.
Reference context
AIA A401 §11.3.2 contemplates retainage reduction and release on sub substantial completion.
Search nearby wording
retainageretentionfinal completionowner acceptance
Related guide
Retainage: when ten percent turns into a free loan
Can we tie retainage release to acceptance of our millwork scope instead of final completion of the entire project, with any holdback limited to specific disputed items?