Published: July 13, 2018

Illinois is the most recent in a number of states to consider legislation that modifies the practice of withholding payments from contractors and subcontractors as retainage.  The practice of retainage has been regulated by the vast majority of states for public projects, private projects or

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Published: March 26, 2018

Illinois is considering joining the growing ranks of states that restrict retainage withheld on private or public construction projects.  Illinois Senate Bill 3052, invalidating contract clauses calling for retainage in excess of 5% for most privately funded construction projects, was passed

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