Pennsylvania
For Pennsylvania, public project retainage cap (%) is no statutory percentage cap; private project retainage cap (%) is no statutory percentage cap; release deadline is 30 days after final acceptance of the work; escrow required is no; milestone reduction is contractor or subcontractor may post a maintenance bond for 120% of retainage upon reaching substantial completion to facilitate release, recorded from its source on 2026-08-17.
- State
- Pennsylvania
- Public project retainage cap (%)
- no statutory percentage cap
- Private project retainage cap (%)
- no statutory percentage cap
- Release deadline
- 30 days after final acceptance of the work verified
- Escrow required
- no
- Milestone reduction
- contractor or subcontractor may post a maintenance bond for 120% of retainage upon reaching substantial completion to facilitate release
- Statutory citation
- 73 P.S. § 509 (Contractor and Subcontractor Payment Act, Section 9) 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
If payments under a construction contract are subject to retainage, any amounts which have been retained during the performance of the contract and which are due to be released to the contractor upon final completion shall be paid within 30 days after final acceptance of the work.
— legis.state.pa.us, retrieved 2026-08-17
Source
- legis.state.pa.ushttps://legis.state.pa.us/WU01/LI/LI/US/HTM/1994/0/0007..HTM?1=