Contracts & ExecutionQuestion 164 of 690
After receiving retention from the owner, a general contractor on a private works project must pass through each subcontractor's retention within:
a.10 days
b.30 days
c.45 days
d.60 days
Explanation
Once the general contractor receives retention from the owner, it must release each subcontractor's share of that retention within 10 days on a private works project.
Law Reference: Civil Code §8814Practice all 690 questions free — no signup required.
Related questions on this topic
- On a private works project, after the owner pays the general contractor a progress payment, the general contractor must pay each subcontractor its share within how many days?
- If an owner wrongfully withholds an undisputed progress payment from a general contractor, California prompt payment law allows a penalty of:
- After a project is satisfactorily completed and accepted on a private works job, the owner must release retention to the general contractor within:
- In a construction contract, a "schedule of values" is BEST described as:
- On a $500,000 contract, the schedule of values shows framing as 18% of the total. If framing is 50% complete, how much may the contractor bill for framing this period?
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