Home
Forms Library
Request for Final Release of Retainage - Vertical

Request for Final Release of Retainage - Vertical 2025

Request for Final Release of Retainage - Vertical Preview on Page 1

See details

4 out of 5

24 votes

The document is a 'Request for Final Release of Retainage' form that contractors must complete, sign, and upload into PRIMELink for project closure. It includes a checklist of requirements such as submission of as-builts, O&M documents, affidavits, final pay applications, consent of surety, completion of punch lists, and resolution of liquidated damages. The contractor certifies the accuracy of the information provided.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

How to rapidly redact Request for Final Release of Retainage - Vertical online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Dochub is a perfect editor for modifying your forms online. Follow this simple guideline edit Request for Final Release of Retainage - Vertical in PDF format online free of charge:

Sign up and sign in. Create a free account, set a secure password, and go through email verification to start working on your forms.
Add a document. Click on New Document and choose the form importing option: add Request for Final Release of Retainage - Vertical from your device, the cloud, or a protected link.
Make adjustments to the template. Utilize the upper and left panel tools to change Request for Final Release of Retainage - Vertical. Add and customize text, images, and fillable fields, whiteout unnecessary details, highlight the important ones, and provide comments on your updates.
Get your documentation done. Send the form to other parties via email, generate a link for faster file sharing, export the template to the cloud, or save it on your device in the current version or with Audit Trail included.

Try all the advantages of our editor today!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is final retention?

Retention amounts are typically released in two phases: The project meets most of the contractual obligations. Final Completion: The balance retention is paid after the projects end has been certified and after it has met all the agreed-upon requirements regarding defects or punch list items.

What is retainage and how does it work?

Retainage, also called retention, is an amount withheld from the contractor until a later date. Its fairly common, especially on commercial and public construction projects, and typically ranges from 5 - 10% of the total contract price.

What does releasing retainage mean?

Retainage is released and the funds are paid out to contractors and subcontractors once the construction project is completed. This usually happens after the final release of a lien has been signed, along with any relevant completion certificates.

Whats the difference between retention and retainage?

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.

How to request a retention release?

You should always request in writing to release retention and not wait for this to happen. This is usually in the form of a claim for practical completion and, after defects remediation, a claim for final completion. If retention is not released you should investigate why ASAP.

What does release retention mean?

Retention release refers to the moment when the project owner releases the withheld retention funds to the contractor upon docHubing substantial completion of the project.

When should retention be released?

You should release half the retention to the contractor immediately after completion of the whole of the works has occurred or immediately after the employer has taken over the whole of the works. Completion is a defined term (see clause 11.2(2)) and take over is set out in clause 35.

Request for Final Release of Retainage - Vertical 2025

Here's how it works