Nobody sets out to lose retention. The main contractor is not claiming the work was defective and is not disputing the valuation. The date passed, nobody applied for it, and the money stayed where it was.
On a single job you would probably remember. Across eight jobs at different stages, with two release dates each and defects periods that vary by contract, you will not. That is sixteen dates to hold in your head, most of which are more than a year out.
The other half of it is deduction past the cap. Retention accumulates from each certificate until it hits the ceiling in your contract, usually five per cent, at which point it should stop. In practice it often does not, because it is a running total nobody checks against a limit.
If you want to see whether this is a problem you actually have, start there. It calculates the same dates and exports them to your calendar, with everything kept in your browser.
Fourteen days free, no card needed. If one release you would otherwise have forgotten comes back, it has paid for a couple of years.
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Most subcontractors cannot answer that without going through a folder of certificates. Fourteen days free and no card needed.
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