The retainage is usually indicated by the subcontractor during the monthly audits. If the subcontractor did not indicate retainage for the monthly audits and it is necessary, the district staff can edit the subcontractor from the

Subs

tab of the contract and enter the retainage amount in the field:

Final Amount Adjustment/Paid Retainage

.

Follow the below process if there is unpaid retainage on a project.

Step 1:

Note the Goal Shortfall and Unpaid Retainage amounts remaining for each subcontractor. Click

Pay Off

.

Step 2:

Click OK.

Step 3:

On the Edit Subcontractor Page, under the Subcontract Information Box, enter unpaid retainage amount into the Final Amount Adjustment/Paid Retainage Box.

Note:

Enter Retainage only.

Step 4:

Click Review.

Step 5:

Review and

Save

.

Step 6:

Continue the Closeout process at

Step 5

of the previous subsection.

Note:

In this example the goal shortfall is satisfied after unpaid retainage is entered.