Yaneek Page | Pay late, rebuild slowly: Jamaica’s prompt payment dilemma

20 hours ago 2
One of the fastest ways to put contractors out of business, slow down work, and earn a reputation as a government nobody wants to do business with is to pay late. Word in the industry travels quickly, and a reputation for chronic late payment sticks like cement. The domino effect is destructive and quite easy to predict — contractors lose interest in bidding, suppliers tighten credit, and skilled workers either avoid or refuse the work.
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