Work in construction in the Retention Agreement

A secure way to Work in construction in Retention Agreement

Safety should be the primary factor when searching for a document editor on the web. There’s no need to waste time browsing for a reliable yet cost-effective service with enough features to Work in construction in Retention Agreement. DocHub is just the one you need!

Our solution takes user privacy and data safety into account. It meets industry standards, like GDPR, CCPA, and PCI DSS, and continuously extends compliance to become even more risk-free for your sensitive information. DocHub allows you to set up two-factor authentication for your account settings (via email, Authenticator App, or Backup codes).

For that reason, you can manage any paperwork, like the Retention Agreement, risk-free and without hassles.

Apart from being trustworthy, our editor is also very easy to work with. Follow the guide below and ensure that managing Retention Agreement with our service will take only a few clicks.

Find out how to Work in construction in Retention Agreement with DocHub’s greater security:

Drag and drop a file to the highlighted pane or browse it from your device and cloud, or an external link.
Start altering your Retention Agreement using our tools from DocHub’s top toolbar.
Edit your content by adding text and modifying font, size, and color.
Add visual content into your document through Image or Draw Freehand buttons.
Emphasize important information with our Highlight or Underline features.
Erase redundant information using our Whiteout tool or Strikeout errors in your form.
Drag and drop more fillable fields and continue with document approval using our Sign button.
Leave comments on applied changes in your Retention Agreement.
Share your documentation with others and then save it with or without adjustments after editing.
Get access to all adjusted files in your editor’s Dashboard anytime.

If you frequently manage your paperwork in Google Docs or need to sign attachments you’ve got in Gmail quickly, DocHub is also a good choice, as it perfectly integrates with Google services. Make a one-click file import to our editor and complete tasks in a few minutes instead of continuously downloading and re-uploading your document for processing. Try DocHub today!

PDF editing simplified with DocHub

Seamless PDF editing

Editing a PDF is as simple as working in a Word document. You can add text, drawings, highlights, and redact or annotate your document without affecting its quality. No rasterized text or removed fields. Use an online PDF editor to get your perfect document in minutes.

Smooth teamwork

Collaborate on documents with your team using a desktop or mobile device. Let others view, edit, comment on, and sign your documents online. You can also make your form public and share its URL anywhere.

Automatic saving

Every change you make in a document is automatically saved to the cloud and synchronized across all devices in real-time. No need to send new versions of a document or worry about losing information.

Google integrations

DocHub integrates with Google Workspace so you can import, edit, and sign your documents directly from your Gmail, Google Drive, and Dropbox. When finished, export documents to Google Drive or import your Google Address Book and share the document with your contacts.

Powerful PDF tools on your mobile device

Keep your work flowing even when you're away from your computer. DocHub works on mobile just as easily as it does on desktop. Edit, annotate, and sign documents from the convenience of your smartphone or tablet. No need to install the app.

Secure document sharing and storage

Instantly share, email, and fax documents in a secure and compliant way. Set a password, place your documents in encrypted folders, and enable recipient authentication to control who accesses your documents. When completed, keep your documents secure in the cloud.

Drive efficiency with the DocHub add-on for Google Workspace

Access documents and edit, sign, and share them straight from your favorite Google Apps.

Install now

How to Work in construction in the Retention Agreement

4.9 out of 5

53 votes

retention also known as retainage in the u.s is an amount of money held back from a contractor or nominated subcontractors during the term of a construction project this is a unique practice specific to the construction industry but within the industry its extremely popular most construction contracts dictate that a certain percentage of the contract price often around five percent is withheld from the contractor until the entire project is substantially completed this can create cash flow challenges in an already cash poor industry but before we delve into this topic further could you please take the time to like this video and subscribe to our channel we now have a library of over 100 videos that specifically focuses on quantity surveying so after this video why dont you take a look at some of our others okay lets get back into it now youre probably wondering what is the purpose of retention is it just a sneaky way to get some of the contractors or subcontractors cash well the ea

Related features

Hide Option Field in the Car Lease Agreement

Hide Page into the Car Lease Agreement

Hide Page from the Car Lease Agreement

Hide Page to the Car Lease Agreement

Hide Page in the Car Lease Agreement

Hide Page Numbers into the Car Lease Agreement

Hide Page Numbers from the Car Lease Agreement

Hide Page Numbers to the Car Lease Agreement

Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

Contact us

What is an example of retention in construction?

For example, if someone hires a contractor to remodel his home, he will want to ensure that the contractor will complete the job before leaving. This can be done through a contract retention. A retention works by holding onto or retaining a portion of the contract until the job is complete.

What is the difference between retention and retainage in construction?

Retainage vs. retention: Whats the difference? These two terms are often used interchangeably, but in certain cases the terms retainage and retention have different meanings. In construction, retainage may refer to the amount being held back, and retention could indicate the act of withholding the money.

What does 10% retention mean?

So on a $100,000 contract with 10% retainage, the contractor doesnt have to fork over ten grand at the beginning. Instead, the contractor will deduct the retainage from each payment application. If that contract is paid out over 10 progress payments, $1,000 would be held in retention from each one.

What is an example of retention in construction?

For example, if someone hires a contractor to remodel his home, he will want to ensure that the contractor will complete the job before leaving. This can be done through a contract retention. A retention works by holding onto or retaining a portion of the contract until the job is complete.

How does retainage work in construction?

For the owner, retainage provides funds should a contractor or subcontractor default on the job. If a contractor cant complete the work agreed on for any reason (e.g., lawsuit, fraud or frozen assets), the funds held in retainage can be used to pay subcontractors or another contractor to finish the job.

What is a retention clause in a construction contract?

The retention clause in a contract describes the amount of money to be retained. It also describes when and how will this amount be paid back, as agreed by both parties. The percentage of retention money withheld could be different from contract to contract.

What is retention work in construction?

What is cash retention? A form of security provided by subcontractors to a head contractor. This money is held by the head contractor from progress payments to the subcontractor. The money is held as a security for defective work or late completion.

What is retention in construction?

What Are Retention Payments in Construction? When a contractor wins a bid for a large construction project, some of the money immediately goes to fund the start of the project. A construction retention payment (also called retainage) is the amount of money held back until the project is complete.

See why our customers choose DocHub

Great solution for PDF docs with very little pre-knowledge required.

"Simplicity, familiarity with the menu and user-friendly. It's easy to navigate, make changes and edit whatever you may need. Because it's used alongside Google, the document is always saved, so you don't have to worry about it."

Pam Driscoll F
Teacher

A Valuable Document Signer for Small Businesses.

"I love that DocHub is incredibly affordable and customizable. It truly does everything I need it to do, without a large price tag like some of its more well known competitors. I am able to send secure documents directly to me clients emails and via in real time when they are viewing and making alterations to a document."

Jiovany A
Small-Business

I can create refillable copies for the templates that I select and then I can publish those.

"I like to work and organize my work in the appropriate way to meet and even exceed the demands that are made daily in the office, so I enjoy working with PDF files, I think they are more professional and versatile, they allow..."

Victoria G
Small-Business

be ready to get more

Edit and sign PDF for free

Get started now

Work in construction in the Retention Agreement effortlessly

A secure way to Work in construction in Retention Agreement

Find out how to Work in construction in Retention Agreement with DocHub’s greater security:

PDF editing simplified with DocHub

Drive efficiency with the DocHub add-on for Google Workspace

How to Work in construction in the Retention Agreement

Got questions?

What is an example of retention in construction?

What is the difference between retention and retainage in construction?

What does 10% retention mean?

What is an example of retention in construction?

How does retainage work in construction?

What is a retention clause in a construction contract?

What is retention work in construction?

What is retention in construction?

See why our customers choose DocHub

Edit and sign PDF for free

Try more PDF tools