holdback
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BC Builders Lien Act: Holdback & Substantial Completion
Everything a General Contractor needs to know about BC’s mandatory 10% holdback, the Substantial Completion 3-2-1 formula, the 55-day release timeline, and what it all means for your project’s cash flow. Table of Contents Section 01 What is the BC Builders Lien Act? The BC Builders Lien Act (BLA) is the provincial legislation in British…