$8.7M in Retention Receivables
$2.3M Over 180 Days
The GC disputes $1.4M. Your quarterly close is in 3 weeks. The auditors want documentation you don't have organized. This is the write-down conversation.
Your Retention Portfolio at a Glance
The $8.7M question your board will ask about
$2.3M over 180 days requires reserve analysis. Industry standard: 25-50% reserve for aged retention. Potential write-down: $575K - $1.15M.
Retention by Project
Where your retention is stuck - and why
| Project | Total | Current | Aged | Disputed | Status |
|---|---|---|---|---|---|
Downtown Tower | $2.4M | $0.8M | $1.6M | $0.4M | Critical |
Medical Campus Ph2 | $1.9M | $1.2M | $0.5M | $0.2M | Watch |
Airport Terminal | $1.7M | $0.6M | $0.9M | $0.5M | Critical |
Data Center West | $1.4M | $1.1M | $0.2M | $0.1M | OK |
Retail Complex | $1.3M | $0.4M | $0.7M | $0.2M | Watch |
| TOTAL | $8.7M | $4.1M | $3.9M | $1.4M |
Why They Won't Pay: The $1.4M Dispute Breakdown
Each dispute category requires different resolution strategies
Dispute Categories
Auditors require documentation for all retention over $500K. Current status: 3 of 5 projects have complete files.
- Downtown Tower: Missing final inspection signoff
- Airport Terminal: 14 open RFIs unresolved
- Medical Campus: Warranty bond not filed
GAAP requires reserve for doubtful retention. Based on aging: $690K - $1.15M reserve needed.
Construction Finance KPIs Your Bank Monitors
SlideStrike tracks these automatically from your ERP
Turn Retention Chaos into Board-Ready Reports
SlideStrike connects to your construction ERP and creates retention aging reports that auditors love and boards understand.