Articles

Massachusetts Construction Law Game Changer: A Breakdown of the New Retainage Act

Posted by admin on 12/01/2014 12:00 am  /   White Papers

by Jonathan R. Hausner

A new law is now in effect for construction contracts executed after November 6, 2014, that not only affects the amount of retainage that a construction stakeholder may withhold but also mandates processes for project completion. In short, the new law is a game changer. The summary below describes how the game has very recently changed in Massachusetts private construction....(continue reading)

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Mr. Hausner is a long-time member of CMAA and submitted this white paper to CMAA New England Chapter. The Governmental Affairs committee reviewed and deemed it educational, insightful, and valuable enough to share with our membership.

Parties interested in submitted white papers can do so by e-mailing [email protected]. Your submission will be forwarded to the appropriate committee for review and you may be contacted with any questions or concerns.

 


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