RCW 60.28.011
RCW 60.28.011: Retained percentage—Public transportation ...
(5) The contractor or subcontractor may withhold payment of not more than five percent from the moneys earned by any subcontractor or sub-subcontractor or ...
Chapter 60.28 RCW: LIEN FOR LABOR, MATERIALS, TAXES ON ...
HTMLPDF · 60.28.011, Retained percentage—Public transportation projects—Labor and material lien created—Bond in lieu of retained funds—Termination before ...
New Washington Law Applies Limitations to Retainage on Private ...
See RCW 60.28.011. However, as of July 23, 2023, a similar statute will now apply to private construction projects in Washington. Since the ...
Guarantees, Bonds, and Retainage - MRSC
Retainage and Retainage Bonds. RCW 60.28.011 requires agencies to withhold up to 5% of the value of a public improvement contract, not including sales tax ...
Chapter 60.28 RCW LIEN FOR LABOR, MATERIALS ... - WA.gov
Contractor's bond for payment of mechanics, laborers, materialmen, etc., on public works: Chapter 39.08 RCW. RCW 60.28.011 Retained percentage—Public ...
FAQs • What is retainage? - Anacortes, WA
RCW 60.28.011 allows for four options for placement of retained funds until they are released to the Contractor. The first option will be utilized unless ...
Overview of Washington Retainage Claims
RCW 60.28.011(6). The procedures for filing a retainage claim, and the content of the notice of claim on retainage are similar to that of public ...
Contract Closeout Paperwork and Deadline Summary - MRSC
... RCW 39.08.030.” Note 5: “Sixty days after completion of all contract work ... 60.28.011(2), and after receipt of the department of revenue's ...
Washington Retainage Guide and FAQs - Levelset
... RCW on: (A) Projects referred to in RCW 60.28.011(1)(b); and/or. (B) projects for which the bond is conditioned on the payment of such taxes, increases, and ...
New Washington State Retainage Law:What does it mean to you?
RCW 60.28.011 (6) allowed GCs on public projects to submit a bond for all or any portion of the contract retainage (generally 5%).
RCW 60.28.021: Excess over lien claims paid to contractor. - WA.gov
After the expiration of the forty-five day period for giving notice of lien provided in RCW 60.28.011(2), and after receipt of the certificates of the ...
RCW 60.30.010 Retainage ... 020 only apply to private construction projects and do not apply to public improvement contracts, as defined in RCW 60.28.011.
Wash. Rev. Code § 60.28.080 - Casetext
... RCW 60.28.011(7), the appropriate contracting body will issue a change order or force account directive to cover reasonable costs incurred by the contractor ...
Wash. Admin. Code § 392-344-147 - Retained percentage law ...
... RCW 60.28.011. (2) Under RCW 60.28.011, a school district either: (a) Must provide for the reservation of five percent of all moneys earned by a contractor ...
RCW 60.28.011 (3)(b). – ... Payment Bond versus Retainage. – Payment Bond: 30 days after (RCW 39.08.030). – Retainage: 45 days after (RCW 60.28.011).
RCW 39.08.065. Notice of Claim: When. Within 45 days of "completion of [prime] contract work." RCW 60.28.011(2). Within 30 days after final acceptance of ...
RETAINAGE BOND Contract No. KNOW ALL BY THESE PRESENTS
unto all beneficiaries of the trust fund created by RCW 60.28.011(1) in the aforesaid sum. This bond, including any proceeds therefrom, is subject to all ...
Public Agencies May Soon Be Required to Accept Retainage Bonds
Currently, under RCW 60.28.011, a public body must accept a retainage bond in lieu of withholding retainage unless the public body can ...
Limited Public Works Projects (LPW) - Grant County, WA
... RCW and may waive the retainage requirements of RCW 60.28.011(1)(a), thereby assuming the liability for the contractor's nonpayment of laborers, mechanics ...
Resolution No. 15-1004 - City of Black Diamond
WHEREAS, RCW 60.28.011(2) allows a period of forty-five days to file any liens or claims with the City; and. WHEREAS, RCW 39.080.030 requires acceptance ...