Court Rules General Contractor Entitled to Final Retainage Payment

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The case involved a dispute over final payment of retainage between general contractor Woodrow Wilson Construction, LLC (WWC) and owner of the Orleans Parish School Board (OPSB) in connection with a project for the construction of a new school. Upon substantial completion of the project, WWC submitted its application for final retainage payment. OPSB refused to issue final payment, claiming that it was entitled to withhold payment under the contract as a means to collect liquidated damages of $5,000/day for a 517-day delay in project completion it alleged to be the fault of WWC.

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