Retainage puts a lot of pressure on contractors and is even used as leverage to put them in a disadvantageous position. Fortunately, contractors don’t have to adhere to this practice as other options, such as a retainer bond, provide better opportunities. This...
When comparing quantum meruit vs. unjust enrichment claims, it’s important to understand the differences in intent and elements. A quantum meruit claim is the recovery of the fair value or sum due for services provided without a price agreement. In contrast, an unjust...
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