This activity is used to monitor retentions on a sub contract. It is important to keep track of all the retentions accumulated on a sub contract. The interim retention will normally be released at defined milestones throughout the contract execution, while the final retention is typically released at a later point in time. Retention dates can be defined for both interim and final retentions.
Since the interim retention is automatically released when creating and submitting applications to some extent, the main use of this activity is to monitor when to release the final retention.
Information regarding accumulated retention values and when the retention will be released can be viewed in the Due Sub Contract Retentions page.