Get the free RELEASE OF RETAINAGE REQUEST template

THE UNIVERSITY OF IOWA RELEASE OF RETAIN AGE REQUESTProject Title and Number: Principal Contractor: Amount of Retain age Requested: In accordance with Article 9, Paragraph 9.6, of the General Conditions

How to fill out release of retainage request

How to fill out release of retainage request

1. Begin by writing a formal letter addressed to the party responsible for retaining the funds.
2. Include your contact information, including name, address, phone number, and email.
3. Clearly state the purpose of the letter, which is to request the release of retainage.
4. Provide the project details, such as the name, location, and description of the project.
5. Specify the amount of retainage being held and the date it was originally withheld.
6. Explain the reasons why the retainage should be released, highlighting any completed work or milestones achieved.
7. Attach any supporting documents, such as invoices, receipts, or proof of completion.
8. Request a response or confirmation of the release of retainage within a specified timeframe.
9. Thank the recipient for their attention and express willingness to provide any additional information if required.
10. Sign the letter with your name and include any relevant titles or affiliations.

Who needs release of retainage request?

1. Construction contractors or subcontractors who have completed a project and are entitled to receive their retainage funds.
2. Individuals or businesses who have completed contractual obligations and are eligible for the release of retainage.
3. Anyone involved in a construction project where a certain percentage of the contract amount is held back as retainage until the project is completed and accepted.

What is RELEASE OF RETAINAGE REQUEST Form?

The RELEASE OF RETAINAGE REQUEST is a fillable form in MS Word extension that has to be filled-out and signed for specific needs. In that case, it is provided to the actual addressee to provide some info of certain kinds. The completion and signing is able or using a suitable solution like PDFfiller. These tools help to submit any PDF or Word file online. While doing that, you can customize it for your requirements and put a legal digital signature. Once you're good, the user ought to send the RELEASE OF RETAINAGE REQUEST to the respective recipient or several ones by mail or fax. PDFfiller includes a feature and options that make your Word template printable. It has a variety of settings when printing out. It does no matter how you will file a document - in hard copy or electronically - it will always look neat and firm. To not to create a new editable template from the beginning over and over, make the original document as a template. After that, you will have an editable sample.

RELEASE OF RETAINAGE REQUEST template instructions

Once you're about to fill out RELEASE OF RETAINAGE REQUEST form, ensure that you prepared enough of required information. That's a very important part, as long as some typos can bring unpleasant consequences starting with re-submission of the whole entire and completing with deadlines missed and even penalties. You need to be observative enough when writing down digits. At first glimpse, it might seem to be very simple. Nevertheless, it is easy to make a mistake. Some people use such lifehack as storing everything in a separate document or a record book and then attach this into document's template. Nevertheless, try to make all efforts and provide accurate and correct data with your RELEASE OF RETAINAGE REQUEST form, and doublecheck it while filling out all necessary fields. If you find a mistake, you can easily make amends while using PDFfiller editor without missing deadlines.

RELEASE OF RETAINAGE REQUEST word template: frequently asked questions

1. I have some personal forms to fill out and sign. Is there any chance another person would have got access to them?

Products dealing with personal information (even intel one) like PDFfiller are obliged to give security measures to users. They include the following features:

• Private cloud storage where all files are kept protected with sophisticated encryption. This way you can be sure nobody would have got access to your personal information but yourself. Disclosure of the information is strictly prohibited all the way.
• To prevent document faking, every document gets its unique ID number upon signing.
• If you think it's not safe enough for you, set additional security features you like then. They manage you to request the two-factor authentication for every user trying to read, annotate or edit your file. PDFfiller also offers specific folders where you can put your RELEASE OF RETAINAGE REQUEST writable template and secure them with a password.

2. Is digital signature legal?

Yes, it is completely legal. After ESIGN Act released in 2000, a digital signature is considered legal, just like physical one is. You are able to fill out a word file and sign it, and it will be as legally binding as its physical equivalent. While submitting RELEASE OF RETAINAGE REQUEST form, you have a right to approve it with a digital solution. Be sure that it corresponds to all legal requirements like PDFfiller does.

3. Can I copy my information and transfer it to the form?

In PDFfiller, there is a feature called Fill in Bulk. It helps to export data from the available document to the online template. The key advantage of this feature is that you can use it with Ms Excel spreadsheets.

For pdfFiller’s FAQs

How can I manage my release of retainage request directly from Gmail?

pdfFiller’s add-on for Gmail enables you to create, edit, fill out and eSign your release of retainage request and any other documents you receive right in your inbox. Visit Google Workspace Marketplace and install pdfFiller for Gmail. Get rid of time-consuming steps and manage your documents and eSignatures effortlessly.

How can I edit release of retainage request from Google Drive?

Using pdfFiller with Google Docs allows you to create, amend, and sign documents straight from your Google Drive. The add-on turns your release of retainage request into a dynamic fillable form that you can manage and eSign from anywhere.

How do I edit release of retainage request on an Android device?

You can make any changes to PDF files, like release of retainage request, with the help of the pdfFiller Android app. Edit, sign, and send documents right from your phone or tablet. You can use the app to make document management easier wherever you are.

What is release of retainage request?

Release of retainage request is a formal document submitted by a contractor or subcontractor to request the release of withheld funds, known as retainage, held by the owner or general contractor until the completion of a construction project.

Who is required to file release of retainage request?

Contractors or subcontractors who have completed their portion of work on a construction project and are eligible to receive the retainage funds are required to file a release of retainage request.

How to fill out release of retainage request?

To fill out a release of retainage request, contractors or subcontractors must include their contact information, project details, amount of retainage being requested for release, and any other relevant information requested by the owner or general contractor.

What is the purpose of release of retainage request?

The purpose of release of retainage request is to formally request the release of withheld funds that have been held as retainage during the construction project, typically once the work has been completed.

What information must be reported on release of retainage request?

The release of retainage request must include details such as project name, contract number, date of substantial completion, amount of retainage being requested for release, and any other relevant information requested by the owner or general contractor.