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How can subcontractors get out of financing construction: An owners panel tackles this difficult question.
Tuesday, April 20, 2021, 11:00 AM - 12:00 PM EDT
Category: Events

April 20, 2021
How Can Subcontractors Get Out of Financing Construction (Virtual event)
Cost: $25 Members/$50 Non-Members
Register Here

How can we improve payment to subcontractors in the DMV?  Owners hold the key to faster payment.  The region’s major owners/developers will address payment to subcontractors.  Gain insight into the payment process from an owner’s perspective and see how you can influence faster payment. 

Some issues to be addressed:

  • Why can’t subs use mobilization costs to finance the job?
  • Do current systems, like Primavera, help or hinder subcontractor payment?
  • How does a poor performing subcontractor influence payment by an owner?
  • Is there any way for subcontractors to get up-front costs covered by the owner?
  • And much more…

Panelists:

Julia Hodge, Vice President, Supply Chain Management, Metropolitan Washington Airports Authority

Matt Haas, Sr. Vice President, Director of Construction Operations, JBG SMITH

Eric Wayne, Vice President of Construction, AvalonBay Communities

Moderator: Paul Elias, Executive Vice President Construction, Redbrick