California Private Construction Retention Cap
Sector: Residential • Location: California, United States
Source: Foley & Lardner LLP
Senate Bill 61 mandates a 5% retention cap on most private construction projects in California, effective January 1, 2026. This law limits the amount of payment that can be withheld as retention to 5% of the contract price, replacing the traditional 10% retainage practice. The cap applies to owners, contractors, and subcontractors, with specific exemptions for certain residential projects and subc
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Senate Bill 61 mandates a 5% retention cap on most private construction projects in California, effective January 1, 2026. This law limits the amount of payment that can be withheld as retention to 5% of the contract price, replacing the traditional 10% retainage practice. The cap applies to owners, contractors, and subcontractors, with specific exemptions for certain residential projects and subcontractors without required bonds. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
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