Tag: Slow payments

Construction Processes, Financial

Slow payments cost GCs and subs $64 billion annually

October 17, 2019

Via: BDCNetwork

Delayed payments are costing both general contractors and subcontractors tens of billions annually, according to a new study. The study was conducted by construction finance platform Rabbet, formerly Contract Simply, in partnership with Procore Technologies. A similar study by Rabbet […]