Georgia § 32-2-75 - Contract clauses for retainage of amounts constituting a percentage of gross value of completed work; time of final payment of retained amounts to contractor.
Full text of Georgia Official Code of Georgia Annotated § 32-2-75 — Contract clauses for retainage of amounts constituting a percentage of gross value of completed work; time of final payment of retained amounts to contractor., with citation guidance and answers to common questions.
§ 32-2-75. Contract clauses for retainage of amounts constituting a percentage of gross value of completed work; time of final payment of retained amounts to contractor.
As used in this Code section and Code Sections 32-2-76 and 32-2-77, the term: "Engineer" means the chief engineer or the engineer designated by the Georgia Highway Authority or the State Road and Tollway Authority. "Escrow account" means the certificates of deposit issued by a state or national bank in Georgia and any uninvested cash held in escrow. "State" means the Department of Transportation, the Georgia Highway Authority, or the State Road and Tollway Authority. "Treasurer" means the treasurer of the Department of Transportation, the treasurer of the Georgia Highway Authority, or the treasurer of the State Road and Tollway Authority. The state is authorized to insert a clause in the specifications of all contracts let and awarded as a result of public lettings for the construction, improvement, maintenance, or repair of any road, highway, bridge, or appurtenance thereto providing for the retainage of amounts constituting a percentage of the gross value of the completed work as may be provided for in the contract. Final payment of the retained amounts to the contractor under the contract to which the retained amount relates will be made after certification by the engineer that the work has been satisfactorily completed and is accepted in accordance with the contract, plans, and specifications. (Ga. L. 1971, p. 635, § 1; Ga. L. 1982, p. 3, § 32; Ga. L. 1985, p. 149, § 32; Ga. L. 1994, p. 591, § 8; Ga. L. 2001, p. 1251, § 2-1.) Cross references. - Authorization and procedure for retention of contractual payments by state or political subdivisions; procedure for final payment, § 13-10-81 . Georgia Highway Authority, § 32-10-1 et seq. State Road and Tollway Authority, § 32-10-60 et seq.
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 32-2-75
What does Official Code of Georgia Annotated § 32-2-75 cover?
Section 32-2-75 ("Contract clauses for retainage of amounts constituting a percentage of gross value of completed work; time of final payment of retained amounts to contractor.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Georgia § 32-2-75?
A common citation format is "Official Code of Georgia Annotated § 32-2-75" (Georgia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 32-2-75 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Georgia.