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A public entity wants 8 percent retention without a complex-project finding. What issue should be raised?

Correct Answer

D) Five percent cap.

Retention generally may not exceed 5 percent unless a proper complex-project finding supports a higher rate.

Answer Options
A
Use the agency standard retention percentage without checking the statutory cap or exception.
B
No retention allowed.
C
Private rule.
D
Five percent cap.

Why This Is the Correct Answer

Retention generally may not exceed 5 percent unless a proper complex-project finding supports a higher rate.

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