Loading holdback
Every plan includes every capability. Companies switch off the parts they do not use, and Tiercord keeps tracking them either way.
Holdback · Held by you
Coastal Drywall Ltd. · KMC-S-02
Currently held · CAD
$2,720.00
$2,720.00 accrued
Recorded completion
Lien closes · 45d
Release eligible · 55d
Substantial completion
Jul 26, 2026
Recorded completion anchor
Lien window closes
Sep 9, 2026
45-day period · BC Builders Lien Act s. 20
Release eligible
Sep 19, 2026
55-day period · BC Builders Lien Act s. 8(1)-(2)
Released
Pending
Awaiting action
Next step
Review the invoice and declaration records before the recorded eligibility date.
The invoice and declarations supporting this release.
No release invoice linked
Link the invoice that billed this holdback to update the release schedule.
CCDC 9A / 9B payment declarations supporting this release.
1 invoice · $2,720.00 withheld
Issued Jul 8, 2026 · Paid
Invoiced
$28,560.00
Withheld
$2,720.00
Project value, contract terms and notice contact
Ray Dhillon
BC Builders Lien Act s. 8(1)-(2)
Statutory holdback becomes eligible for release 55 days after substantial completion in this project's province.
Lien claims must be preserved within 45 days of substantial completion / abandonment / contract end in this project's province.
BC's Construction Prompt Payment Act would shorten the holdback period to 46 days and abolish a standalone lien against the holdback. It received Royal Assent on 2025-11-27 but has not been brought into force and has no proclamation date, so the Builders Lien Act periods above continue to apply.