About Us - RetainRight Solutions
Construction Retention Recovery Experts
We specialize in helping construction companies recover retention payments that are often delayed or withheld. With deep industry expertise and a commitment to delivering tailored solutions, we ensure your business stays financially strong by securing the funds you've earned. Our proactive approach and legal support services mean you can focus on what you do best—completing successful projects—while we handle the rest.
Specialized Expertise
We specialize in recovering retention amounts withheld from contractors, which can be complicated by legal, financial, or contractual disputes.
Cash Flow Management
Recovering retention funds is critical for maintaining a healthy cash flow for contractors and subcontractors. By focusing on this, such businesses help their clients improve liquidity.
Demand
There is demand for construction retention recovery, especially in industries like construction, engineering, and contracting. Retention refers to a portion of the payment (usually around 5-10%) held back by the client or project owner until the project is completed to their satisfaction. The demand for retention recovery arises because many contractors face cash flow challenges, particularly smaller businesses, due to delayed retention payments. Retaining a percentage of payment over a long period can strain their finances. Delayed Payments - Retention amounts are often not released on time, even after the project is completed, causing a need for recovery efforts. Disputes and Legal Complications: Recovering retention money can lead to legal disputes if the contractor and project owner disagree about the quality or completion of the work, leading to the demand for legal recovery services. Administrative Burden: Managing retention claims can be complex, involving paperwork, deadlines, and follow-ups. This has created a demand for specialized services to handle retention recovery. Due to these challenges, companies and contractors seek professional services to help them recover withheld retention money, and there is a market for legal, financial, and consulting firms that specialize in construction retention recovery.
This combination of specialization, experience, and tailored services makes firms like RetainRight Solutions valuable and your go to provider.
Ready to Recover Your Retention Payments?
Don't let retention delays hold your business back. Get in touch with us today to learn more about how our Retention Recovery Services can help you improve cash flow and secure the money you’ve earned.