Ohio
For Ohio, public project retainage cap (%) is 4% (payments at not less than 96%); private project retainage cap (%) is no statutory cap; release deadline is governed by sections 153.13 and 153.14; escrow required is no; milestone reduction is none, recorded from its source on 2026-08-17.
- State
- Ohio
- Public project retainage cap (%)
- 4% (payments at not less than 96%)
- Private project retainage cap (%)
- no statutory cap
- Release deadline
- governed by sections 153.13 and 153.14
- Escrow required
- no
- Milestone reduction
- none
- Statutory citation
- Ohio Rev. Code § 153.12 our reading
Values marked our reading are our classification of what the source says — the source does not print them in those words. The quote below is the evidence for each one; judge it yourself.
What the source says
Partial payments to the contractor for labor performed under either a unit or lump sum price contract shall be made at a rate of not less than ninety-six per cent of the estimates prepared by the contractor and approved by the architect or engineer.
— codes.ohio.gov, retrieved 2026-08-17
Source
- codes.ohio.govhttps://codes.ohio.gov/ohio-revised-code/section-153.12