Retainage Accounting in Construction: Managing Compliance and Cash Flow
What if the traditional 10% holdback is no longer your most effective risk-management tool? With legislative shifts like California’s SB 61 capping retainage at 5% as of January 2026, the margin for error has never been thinner. For firms running on industry-standard profit margins of 2% to 8%, a single classification error or a missed
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