On top of concerns about dwindling backlogs and an uncertain economic outlook, slow payment for work already performed is now sapping the strength of many industry firms. Across the industry, executives report pay cycles for general contractors have stretched to an average of 45 to 60 days from 30 days a year ago. Subcontractors report pay cycles in the 90-day range, roughly twice the average from a year ago.
In addition, firms say owners are increasingly holding retainage beyond reasonable time periods, further eroding cash flow and profits. Delays in pay for work already performed are increasing operating costs and causing firms to draw on already tightened lines of credit.
“From California to Boston, from Detroit to the Gulf Coast, we’re seeing the same theme,” says Jason Henley, chairman of the Construction Financial Management Association (CFMA) and CFO of Nashville-based general contractor D.F. Chase. “Payment has slowed across the board. It’s bad for general contractors, and it’s even worse for subcontractors.”
Darlene East，美国分包商协会和Holes Inc.总裁兼休斯顿的具体割草和拆除公司董事会，表示，一些成员公司正在经历大约一半的项目平均薪酬周期。18luck官网“有更多的脚拖延和借口，”她说。“这对承包商来说是一个巨大的问题。”
ASA和CFMA成员企业的非正式调查平均，公新利luck司据报告25％至50％的工作受异常长期的薪酬周期受到影响。大约90％的被调查的公司认为缓慢薪酬问题不是短期现象。
“Most owners we are dealing with are stretching payments as far as they can until the sub screams or threatens,” says Vincent Terraferma, president of KSW Mechanical Services Inc., Long Island City, N.Y. “It’s impacting our cash flow and our subcontractors who cannot get paid until we do.”
As a result, subcontractors must rely on lines of credit at a time when credit from banks is tighter and more costly. “All of that increases costs,” says East.
David Bradbury, president of Precision Concrete, Alpharetta, Ga., says 90% of his projects are experiencing unusually long payment cycles and increased haggling over retainage. Owners are “holding retainage until the bitter end,” he says. On one public project, the firm has $1 million pending in retainage on work completed in January.
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RETAINAGE通常在次级工作完成后30至60天释放。现在，East说：“你看到他们在污垢承包商上隐瞒了Retainage，如果不是几年，那么基于完成交易的小型家务细节，工作已经完成了几个月的时间。”
亚特兰大哈尔康纳公司副主席副主席Mel博览会表示，延误盈利能力。他说：“有钱和获得报酬的额外行政费用，”他说。18luck.cub
公司还说业主在变更订单上大大收紧。改变订单“变得更加困难，”东方说。“业主正在推回来。它让你陷入困境。您的合同表示您无法延迟工作，但您无法获得批准的更改订单？“
行业退伍军人说，通过咬住喂养你的手，侵略性之间存在侵略性之间的细线。
斯科特卡兰（Scith Gambrell＆Russell）亚特兰大的律师说，许多公司正在变得更加合作。“一年前，分包商将起诉我们所看到的一些付费条件，”他说。“现在我们看到了不同的态度，以便继续与拥有工作的业主合作。”
博览会说，一些公司经常提交留置留置权，以期不及时地支付保留。但承包商通常不愿意拉动扳机。“你可以提交留置权，但它真的没有给你很多杠杆，”亨利说。
不过，布拉德伯里律师潜艇更加激进。“我们都不是我们名字的”国家银行“，”他说。“我们厌倦了融资项目，这正是我们正在做的事情。”18luck官网
