REPORT
2019 Construction Payments Report
The 2018 Construction Payments Report estimated a $40 billion impact on the industry for carrying forward the fees and costs of slow payments. In 2019 through a partnership with Procore, Rabbet extended the survey to not only collect input from subcontractors but also to collect results from general contractors. Taking into account this additional layer of transactions within the construction industry, Rabbet updated the estimated cost of slow payments to $64 billion in 2019.
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