Survey Finds Late Payments and Portal Work Burden Construction Vendors

Small and midsized construction vendors face significant challenges with late payments from larger contractors and administrative burdens managing digital portals and compliance requirements. The survey of 417 vendors highlights how payment delays and technology adoption demands strain smaller businesses in the construction supply chain.

A survey of 417 small and midsized vendors examines payment delays, portal administration, compliance work and technology adoption...

This story was originally published by ForConstructionPros.