PUBLIC WORKS CONTRACTPublic Works Contract • February 3rd, 2025 • Washington
Contract Type FiledFebruary 3rd, 2025 JurisdictionPer RCW 60.28.011, the School District will retain 5% of the Contract Sum. Retainage will be released upon approval of the Department of Revenue, the Employment Security Department, Labor and Industries and as required by statute and this Agreement. Per RCW 39.08.010(3), the Contractor may choose to have 10% retainage withheld in lieu of providing Payment and Performance Bonds (only allowable for projects $150,000 and less).