Oregon
For Oregon, public project retainage cap (%) is 5%; private project retainage cap (%) is 5%; release deadline is interest commences 30 days after completion and acceptance; escrow required is yes (contracts exceeding $500,000); milestone reduction is none, recorded from its source on 2026-08-17.
- State
- Oregon
- Public project retainage cap (%)
- 5%
- Private project retainage cap (%)
- 5%
- Release deadline
- interest commences 30 days after completion and acceptance
- Escrow required
- yes (contracts exceeding $500,000)
- Milestone reduction
- none
- Statutory citation
- ORS 701.420 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
An owner, contractor or subcontractor may withhold as retainage an amount equal to not more than five percent of the contract price of the work completed.
— oregon.public.law, retrieved 2026-08-17
Source
- oregon.public.lawhttps://oregon.public.law/statutes/ors_701.420