FREE CALCULATOR
Retainage & Progress Billing Calculator for Commercial Contractors
Know what you can bill, what cash you'll receive, and how much is trapped in retainage this period.
Contract Context
Billing Status
Current Period
Results
Enter your current period earned amount above.
Commercial Contractor Example
Mid-project billing, 10% retainage, commercial electrical contract
Key insight: You earned $28,000 this period but receive $25,200 in cash. Another $2,800 sits trapped in retainage, bringing your total retained balance to $17,300.
Why This Matters
Earned work is not the same as cash received.
Retainage quietly creates cash pressure across every job. You complete the work, submit the billing, but a percentage stays locked until project milestones or completion. Over months, that trapped cash adds up.
Teams need to see contract value, billed value, and retained balance together. When you know what's earned, what's billed, and what's still trapped, you can forecast cash accurately and avoid surprises.
ONE BILLING PERIOD VS EVERY CONTRACT
This calculator shows one period's cash impact.
Quoteloc keeps contract value, approved changes, billed value, and retainage visible across every contract on one dashboard. Your team sees earned value, cash received, and retained balances in real time—before cash pressure becomes a crisis.
WITHOUT QUOTELOC
Retainage in spreadsheets
Manual per-contract tracking
Cash gaps show up late
WITH QUOTELOC
Retainage tracked automatically
Contract control across portfolio
Cash visibility before you bill
7-day free trial. No credit card required.