Not every contractor needs to think about retainage substitution, but for those General Contractors doing significant volume in the public sector, it can be one of the smartest financial moves available. The simplest way to know if it applies to you is to look at the scale of your government work. As a general guideline, a contractor with at least 50 million dollars in work is likely a strong candidate, because that is where the retainage balances on public contracts become large enough to make substitution genuinely worthwhile.
If that describes your business, the next question is who you work with. Retainage substitution in the public sector is a specialized field, with rules that differ across agencies, states, and municipalities, and the procurement details matter enormously. You want a partner who has done this many times, understands the government’s regulatory landscape, and has a track record of getting contractors access to their own capital.
That is exactly what Double Diamond Investment Group has done for hundreds of contractors nationwide, across more than 30 years of public works experience. If you think you might qualify, the conversation costs you nothing and could be worth a great deal. Call 877 420 2852 to find out where you stand orclick here to learn more.
