Set WC Maximum Retention

Use this field to select how you would like to set the maximum retention amount.

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

  • Percent of Subcontract - Select this option if you want to set the maximum retention amount for the subcontract by percentage. When you select this option, the system enables the % of Subcontract, Include Chg Orders in Max Retention by %, and the Adjust Maximum Invoice 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 Retention Amount and Adjust Maximum Invoice fields.

Setting maximum retention amounts

Using SL Subcontract Entry