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 ...

If you develop or build on real property in Oregon, your progress payments to contractors on future projects will be affected by a new law, effective on March 7, 2024. If you are a construction lender ...

Commencing from 1 August 2022, Western Australia will adopt a new statutory progress payment regime under the Building and Construction Industry (Security of Payment Act) 2021 (WA) (WA SOP Act). The ...