Common use of Retainage Clause in Contracts

Retainage. The Owner will withhold from each progress payment, as retainage, 5 percent of the total earned amount, or the amount authorized by law. Retainage is managed in conformance with Tex. Gov’t Code, Chapter 2252, Government Code, subchapter B.

Appears in 40 contracts

Samples: Agreement, Agreement, assets.system.tamus.edu

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Retainage. The Owner will withhold from each progress payment, as retainage, 5 five (5) percent of the total earned amount, or the amount authorized by law, or as otherwise set forth in the Owner’s Special Conditions. Retainage is managed in conformance with Tex. Gov’t Code, Chapter 2252, Government Code, subchapter Subchapter B.

Appears in 22 contracts

Samples: Agreement, Agreement Between Owner And, Standard Agreement

Retainage. The Owner will withhold from each progress payment, as retainage, 5 five (5) percent of the total earned amount, or the amount authorized by law, or as otherwise set forth in the Supplementary General Conditions or Special Conditions. Retainage is managed in conformance with Tex. Gov’t Code, Chapter 2252, Government Code, subchapter Subchapter B.

Appears in 6 contracts

Samples: Attachment a – Draft Agreement, Draft Agreement, Draft Agreement

Retainage. The Owner will withhold from each progress payment, as retainage, 5 five (5) percent of the total earned amount, or the amount authorized by law, or as otherwise set forth in the Supplementary General Conditions or Special Conditions. Retainage is managed in conformance with Tex. Gov’t Code, Chapter Ch. 2252, Government Code, subchapter Subch. B.

Appears in 4 contracts

Samples: contracts.hhs.texas.gov, contracts.hhs.texas.gov, contracts.hhs.texas.gov

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Retainage. The Owner will withhold from each progress payment, as retainage, 5 five (5) percent of the total earned amount, or the amount authorized by law, or as otherwise set forth in the Divison 00 or Division 01 Specifications. Retainage is managed in conformance with Tex. Gov’t Code, Chapter 2252, Government Code, subchapter Subchapter B.

Appears in 2 contracts

Samples: Master Agreement, Master Agreement

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