Set Work Complete Maximum Retention

Select the correct option for setting a maximum retention setting for this contract.

  • None - Select this option if you do not want to set a maximum retention amount for the contract.

  • Percent of Contract - Select this option if you want to set the maximum retention amount for the contract by percentage. When you select this option, the system enables the % of Contract, Include Chg Orders in Max Ret %, and the Adjust Maximum Bill fields.

  • Maximum Amount - Select this option if you want to set a flat amount for maximum retention. When you select this option, the system enables the Retainage Amount and Adjust Maximum Bill fields.

JC Contracts