Discover what progress billings are, their financial benefits, and their role in managing long-term projects. Learn how they aid both clients and contractors.
Payment delays have long plagued the construction industry, collectively costing construction companies an astronomical $273 billion in 2023 alone, according to a report from Rabbet. As that report ...
Relying on project-based payments means that income could be unpredictable, with cash coming in at different times depending on project progress. Delays in payments or unexpected costs can easily ...