2025 Construction Payments Report
Rabbet’s 2025 Construction Payments Report reveals that slow, inconsistent payments function like a hidden 14% tax—costing U.S. construction $299B in 2025.
General contractors also lose 65 hours each month to payment administration that should go to coordination and risk prevention.Owners who make payment timing predictable win in procurement: 91% of GCs factor an owner’s payment reputation into bids, and 88% declined to bid in the last year due to slow-pay reputations.
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