Component Level Retention Overview

The Allow Component Retention Override setting allows you to apply different retention rates to contract components on the system. Subcontractors see each component as a separate table in a contract. Each component can include multiple budget line items. The override applies to all the SoV line items associated with a component.

This setting is helpful for scenarios similar to the following:

Imagine you want to hold 5% retention for stored materials but 10% retention for all other line items in an invoice. You must add a Stored Materials component for the Subcontractor to bill against.

If a Subcontractor bills for stored materials on any other component, the default retention is held.