Florida
For Florida, public project retainage cap (%) is 5%; private project retainage cap (%) is no statutory cap; release deadline is same time limits for payment of a payment request apply regardless of whether the payment request is for, or includes, retainage; escrow required is no; milestone reduction is none, recorded from its source on 2026-08-15.
- State
- Florida
- Public project retainage cap (%)
- 5%
- Private project retainage cap (%)
- no statutory cap
- Release deadline
- same time limits for payment of a payment request apply regardless of whether the payment request is for, or includes, retainage
- Escrow required
- no
- Milestone reduction
- none
- Statutory citation
- Fla. Stat. § 255.078
What the source says
a public entity may withhold from each progress payment made to the contractor an amount not exceeding 5 percent of the payment as retainage.
— leg.state.fl.us, retrieved 2026-08-15
Source
- leg.state.fl.ushttp://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute&URL=0200-0299/0255/Sections/0255.078.html