{"id":833395,"date":"2022-11-09T06:04:45","date_gmt":"2022-11-09T05:04:45","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/report-the-208b-cost-of-slow-payments-to-the-construction-industry-a-53-jump-from-last-year\/"},"modified":"2022-11-09T06:04:45","modified_gmt":"2022-11-09T05:04:45","slug":"report-the-208b-cost-of-slow-payments-to-the-construction-industry-a-53-jump-from-last-year","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/report-the-208b-cost-of-slow-payments-to-the-construction-industry-a-53-jump-from-last-year\/","title":{"rendered":"Report: The $208B Cost of Slow Payments to the Construction Industry, a 53% Jump From Last Year"},"content":{"rendered":"AUSTIN, Texas--(BUSINESS WIRE)--Rabbet, the leading provider of construction finance software, today released the 2022 Construction Payments Report, with insights into the rapidly accelerating costs associated with slow payments in the construction industry.\n\n\n\nKey findings include:\n\n37 percent of all respondents report that work has been delayed or stopped due to a delay in payments to crew members\n62 percent of general contractors incurred billing charges, financing charges, or other costs when floating payments to others\n8.5x increase in general contractors using retirement savings to float payments for their business\n\nThe cost of floating payments for wages and invoices represents $208 billion in excess cost to the industry, a 53 percen
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AUSTIN, Texas–(BUSINESS WIRE)–Rabbet, the leading provider of construction finance software, today released the 2022 Construction Payments Report, with insights into the rapidly accelerating costs associated with slow payments in the construction industry. Key findings include: 37 percent of all respondents report that work has been delayed or stopped due to a delay in payments to […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-833395","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"\nReport: The $208B Cost of Slow Payments to the Construction Industry, a 53% Jump From Last Year - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/report-the-208b-cost-of-slow-payments-to-the-construction-industry-a-53-jump-from-last-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Report: The $208B Cost of Slow Payments to the Construction Industry, a 53% Jump From Last Year - BeBeez\" \/>\n<meta property=\"og:description\" content=\"AUSTIN, Texas--(BUSINESS WIRE)--Rabbet, the leading provider of construction finance software, today released the 2022 Construction Payments Report, with insights into the rapidly accelerating costs associated with slow payments in the construction industry. 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