Risk

Is It Time to Get Rid of Retainage?
While retainage has been part of the construction industry for decades, its concept, use (and abuse) have been under more discussion during the past 10 years.The question is very simple: Is it time for retainage to go?
By David K. Taylor
March 8, 2020
Topics
Risk
by David K. Taylor
David Taylor has a national construction practice representing all participants in the construction industry and is recognized as one of the leading construction lawyers in Tennessee and the Southeast. Serving as an arbitrator and a national trainer for the American Arbitration Association training other lawyers, David can better evaluate and advise his clients when disputes are arbitrated. David has been very active over his career in the pro bono, construction and ADR legal and business communities.
Related stories
Risk

Your Crisis Communication Guide: Anticipating Construction Plans to Hit Unexpected Obstacles
By Anne Lackey
The time for crisis planning is during quiet moments when clear thinking can help build a framework for handling whatever challenges arise.
Risk

Builder’s Risk: Three Blind Spots Impacting Your Project’s Success
By Dennis Tsonis
While construction insurance is costly, underinsuring may prove more so in the long run.
Risk

Three Common Causes of Electrocution on Construction Sites and How to Avoid Them
By Randy Dombrowski
Electricity is an unavoidable presence on every construction site—but electrocution doesn’t have to be. Here’s how to keep crews safe.