Retention Settings

The settings under this section allow you to choose Subcontractor retention settings. The type of retention held and the displayed fields—line item or contract retention—depend upon the General Contractor's retention mode. These settings apply as the default for manually created subcontracts. Imported subcontracts may override the retention rule created in this section.

Line Item Retention

Enter a default retention percentage to hold against each invoiced line item. If left blank, the retention held percentage defaults to 10% for all line items.

Contract Level Retention

Enter stepped retention and an override value. See Setting Up Contract Level Retention on a Project for more details.

Note: Edit this retention rule when creating a new subcontract to include an override value.

Lock Retention

Choose the check box to allow the General Contractor to control the percentage of retention billable by Subcontractors. If deselected, the Subcontractors are able to change the percentage of billable retention when entering their invoices (unless modified at contract level).