Reduce your risk through better visibility
from By Nate Budde
Construction payment is complex and full of challenges. The credit-heavy nature of construction projects and the lack of visibility throughout a project can give rise to critical payment problems that can reverberate up and down the payment chain. Sometimes, what seems to be deep-seated payment problems turns out to be visibility issues, so setting up a culture of correcting those particular issues can reduce risk for all parties, and result in faster and more structured payment.
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