The Challenges and Realities of Prompt Payment in Construction: A Subcontractor’s Perspective0

• Best Practices, Cash Management, FINANCE, Forcasting, Payment
• March 25, 2025

By Adrienne Smoot-Edwards, Regeneracy; and Mary Klett, ASA Communications The construction industry is built on hard work, careful planning, and the collaboration of numerous trades and professionals. Yet, for subcontractors — the specialists who bring buildings to life with skilled labor, materials, and expertise — the industry’s payment process is a perpetual source of frustration