This calculator vs. Levelset

What each tool is for

Levelset is a construction-payments and lien-rights company — it began as zlien and was acquired by Procore Technologies in 2021. Its tools are built around the legal and administrative side of getting paid on a construction project: preliminary notices, mechanics lien filings and waivers, payment applications, and collections, used by contractors, subcontractors, and suppliers across many projects over time. It is an account-based platform — you sign up and use it as an ongoing service, not a one-off calculator. Levelset's own site is not reachable from this session to confirm today's specific feature list, plan names, or pricing, so only its well-documented identity and category are stated here: nothing about it is invented, and no dollar figure for it appears on this page.

This calculator does none of that. It does not file a notice, does not track lien deadlines, and does not manage payments across a portfolio of jobs. It takes one project's contract value, retainage percentage, amount paid, and days outstanding, and turns that into a private, instant cash snapshot — what is withheld, what a further delay is modeled to cost, what bid would keep the same progress cash at a different retainage rate, and whether a partial check offered today beats waiting for the rest. It runs free in any browser, keeps no account, and uploads nothing you type.

Most contractors dealing with retainage get different value from each: Levelset (or a similar payment-management platform, or an attorney) for the legal and administrative work of protecting and collecting payment across a portfolio of jobs, and a private calculator like this one for an instant, no-login look at what one project's retainage and payment delay are costing right now, plus a factual follow-up draft to send. This page's own figures are a planning model, not a lien right, a legal notice, or a claim about what is owed.

This tool needs no account and no sign-in: it is a static page, the arithmetic runs in your browser, and once it has loaded it keeps working with the connection off.

Common questions

Should I use this calculator or Levelset?

They do different jobs. Levelset is a construction-payments and lien-rights company (it began as zlien and was acquired by Procore Technologies in 2021) built around the legal and administrative side of getting paid on a project: preliminary notices, mechanics lien filings and waivers, payment applications, and collections, used as an ongoing, account-based service across many projects and stakeholders. This calculator does none of that. It takes one project's contract value, retainage percentage, amount paid, and days outstanding, and turns that into a private, instant cash snapshot: what is withheld, what a further delay is modeled to cost, what bid would keep the same progress cash at a different retainage rate, and whether a partial check offered today beats waiting for the rest. It runs free in any browser, keeps no account, and uploads nothing you type. A contractor who needs to protect payment rights or track collections across a portfolio of jobs is better served by Levelset or a construction attorney; a contractor who wants an instant, private read on what retainage and a delay are costing them on one job right now, plus a factual follow-up draft, is in the right place here.

Is this page affiliated with Levelset?

No. This site is not affiliated with, endorsed by, or sponsored by Levelset or Procore Technologies. Levelset is a trademark of its owner, named here only to describe what this calculator is and is not.

Open the Construction Retainage Calculator to run your own project's figures.