News

SCC Releases Retainage Guidance

The ÎÚÑ»´«Ã½ of America Specialty Contractors Council (SCC) has released a two-page "Best Practices Guidance for Retainage" document.  Developed by the SCC Executive Committee with input from the more than 1,000 ÎÚÑ»´«Ã½ specialty contractor members who responded to an ÎÚÑ»´«Ã½ retainage survey in late 2008, this resource is intended to provide guidance to specialty contractors who face cash-flow issues related to retainage. The guidance document is available .  Additional resources include a of the ÎÚÑ»´«Ã½ retention survey results and the from the .  The Guidelines for a Successful Construction Project is a joint effort of ÎÚÑ»´«Ã½ of America, the American Subcontractors Association (ASA) and the Associated Specialty Contractors (ASC).  For more information, contact Mike Stark at (703) 837-5365 or starkm@agc.org.