Michigan
For Michigan, public project retainage cap (%) is no statutory cap stated on this page; private project retainage cap (%) is no statutory cap stated on this page; release deadline is not stated on this page; escrow required is public only; milestone reduction is none, recorded from its source on 2026-08-15.
- State
- Michigan verified
- Public project retainage cap (%)
- no statutory cap stated on this page
- Private project retainage cap (%)
- no statutory cap stated on this page
- Release deadline
- not stated on this page
- Escrow required
- public only
- Milestone reduction
- none
- Statutory citation
- not stated on this page
What the source says
Some states, including Connecticut, Louisiana, Michigan, Ohio, and Tennessee, require retainage for certain state-funded public projects to be held in interest-bearing escrow accounts
— constructioncoverage.com, retrieved 2026-08-15
Source
- constructioncoverage.comhttps://constructioncoverage.com/glossary/retainage