Rochon Corporation of Iowa, Inc. n/k/a Graphite Construction Group, Inc. v. Des Moines Area Community College

Summary

The Iowa Supreme Court held that under Iowa Code §§ 573.14 and 573.16 the contractor could not obtain retainage before the project’s completion and final acceptance, and therefore affirmed the district court’s denial of the retainage claim. The Court also affirmed the denial of attorney‑fees because Graphite was not a prevailing party. The Court vacated the Court of Appeals’ reversal and reinstated the district court judgment.