Archive for February 2015

Maryland’s Favorable Retention Laws for Contractors

In recent years, the Maryland Legislature has passed several laws addressing the issue of retention on construction contracts. Historically, an owner would hold back, or retain, ten percent of the balance due on an invoice to secure final completion. As a result, this ten percent hold back flowed down to each subcontractor and supplier. Through…

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Maryland’s Hourly Minimum Wage Is on the Rise

The employment law attorneys at Bowie & Jensen LLC explain the recent minimum wage change in Maryland and plans for future increases. On January 1, 2015, the hourly minimum wage in Maryland increased from $7.25 to $8.00 per hour, the first in a series of graduated increases that will see it reach $10.10 by 2018.…

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