Construction Payment Problem

The ‘construction payment problem’ is the umbrella thesis this vault tests: that construction subcontractors face a systemic — not merely incidental — problem of being paid late, paid less, paid conditionally, or not at all, across major construction markets. It bundles four distinct evidence strands kept separate elsewhere in the vault: payment delay, disputed invoices, retention withholding, and insolvency loss. The research goal is to test this thesis against evidence, distinguishing genuine global patterns from country-specific conditions rather than assuming the conclusion.

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