Exception ledger
Each row states what was claimed, what the contract and the supporting documents actually support, and the difference between them.
Retainage withheld on application 14 is $8,538,296 against $13,771,445 required at 10.0 percent
Why it matters Retainage is the owner's only remaining leverage at closeout. Under-withholding gives it away quietly, one draw at a time, and it is almost never noticed until the punch list stalls.
Application 10 was paid on Jul 26 2026 and no unconditional lien waiver has been received for it
Why it matters Payment without an unconditional waiver leaves the owner exposed to a lien for work already paid for. It is the single most common way an owner pays twice.
$110,917 of stored materials claimed on line 5 with no supplier invoice or bill of sale in the application
Why it matters Stored materials are paid for before they are installed, so the only protection is proof the material exists, is paid for, and is titled to the project.
$74,500 of stored materials claimed on line 5 under a contract that does not permit billing for stored materials
Why it matters The contract does not permit billing for materials before installation. Paying anyway waives a term the owner negotiated.
$74,500 of stored materials claimed on line 5 under a contract that does not permit billing for stored materials
Why it matters The contract does not permit billing for materials before installation. Paying anyway waives a term the owner negotiated.