Use this activity to release the retention accumulated on a contract. To apply for the payment of retention, the amount to be released should be entered on the application itself.
When releasing the retention, it is the interim retention that should be released first and the final retention at last; and the retention to be released is the sum of the interim and final retention. When releasing the retention, the interim retention is released as long as not all interim retention has been released. If the retention to be released is more than the interim retention, it will be the final retention released.
If the contract is completed, an interim retention will be released automatically when submitting the application.
The retention will be released and included in the total application amount.
Application for Payment/General
Note: When submitting the application, the released retention will be a part of the application amount.