28 chapters · 223 sections in this title.
RCW 60.30.010 Retainage.
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(1) An owner, contractor, subcontractor, or supplier may withhold as retainage an amount equal to not more than five percent of the contract price of the work completed for private construction projects. Partial payment allowed under this subsection is not acceptance or approval …
RCW 60.30.020 Retainage bonds—Authorized surety.
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(1) In lieu of retainage, a subcontractor, supplier, or contractor may tender, and a contractor or owner must accept, a retainage bond in an amount not to exceed five percent of the moneys earned by the subcontractor, supplier, or contractor.(2) A subcontractor or contractor must…
RCW 60.30.030 Application.
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RCW 60.30.010 and 60.30.020 only apply to private construction projects and do not apply to public improvement contracts, as defined in RCW 60.28.011.[ 2023 c 373 s 3.]