The Nature of Payment Problems in the New Zealand Construction Industry

Delay and loss of payment is a serious problem in the construction industry of many countries. These affect the cash flow of contractors which is critical to meeting their financial obligations. Payment defaults by the principal leads to insolvency of contractors and in turn other parts of the proje...

Full description

Bibliographic Details
Main Authors: Thanuja Ramachandra, James Olabode Rotimi
Format: Article
Language:English
Published: UTS ePRESS 2011-06-01
Series:Construction Economics and Building
Subjects:
Online Access:https://learning-analytics.info/journals/index.php/AJCEB/article/view/2171