Retention Tab Fields Overview

% Complete

Bill a percentage of work completed in the current draw and all previous draws. Entering an amount in this field will automatically adjust the Work This Period  field.

Scheduled Value

Current total value for the line item.

Completed to Date

Bill for the total dollar amount of material stored for the current and previous draws. Entering an amount in this field will automatically adjust the Material Stored This Period  field.

Previously Held

Retention that was held during prior draws.

Retention % This Period

Retain a percentage of the billed amount in the current draw. Entering an amount in this field will automatically adjust the Retention Held This Period field.

Retention Held This Period

Retain a dollar amount for the work completed for the current draw (work completed between the draw Period From and Period To dates). Entering an amount in this field will automatically adjust the Retention % This Period  field.

Request Previously Held

Retention request that was held during prior draws.

Retention To Date

This is retention that is held to date (Previously Held + Retention Held This Period - Request Previously Held).

Retention % To Date

The percentage of retention that is held to date (Previously Held + Retention Held This Period - Request Previously Held).

Net this Period

Displays for each line, it is the amount billed during this draw, less retention held (Work this Period + Materials Stored This Period - Retention Held This Period).

Total line

The total retention amount being billed to the Owner.

Self-Performed Line

Your retention amount (the difference between the subcontract and the total).

Contracted Line

A Subcontractor's retention amount.