Free Online Tool Helps GCs Vet Subcontractors' Payment History
Post date
July 01, 2021
Body
Jenn Goodman, Construction Dive
In what could help them avoid problems on their construction projects, general contractors and material suppliers can read performance reviews, obtain project histories and get payment rankings on more than 23,000 subcontractors throughout the U.S.
With the launch of Subcontractor Payment Profiles earlier this month from construction software company Levelset, contractors have access to information indicating how likely individual subcontractors are to pay their suppliers, therefore avoiding potential schedule delays and disputes.