International Journal For Multidisciplinary Research

E-ISSN: 2582-2160     Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 7, Issue 1 (January-February 2025) Submit your research before last 3 days of February to publish your research paper in the issue of January-February.

Analysis of Payment Issues in Construction Industries in Karnataka State: Perspective View of Contractors

Author(s) Shrinath Rao K, Nayan S
Country India
Abstract Construction industry is a complicated industry with lot of uncertainties and fluctuations in work progress, manpower, payment issues, and other variables. Hence, proper contract documentation and contract management is very much important to solve the uncertainties and to control the various disparities. Hence, the payment issue is one of the most important issues in the construction industry which is affecting the delays and hence will result into various issues. Payment issues are the common challenges in the construction industry, and contractors often face delays or difficulties in receiving timely payment. This study aims to provide a better understanding of the effects of delayed payment and to find various factors that cause payment problems in the construction projects, their impact and answers to the payment issues in the construction project in Karnataka. This research aims to identify the main causes of delays in payments by contractor by collecting data from contractors. Due to limited time and availability of information, research is conducted through literature reviews and questionnaire surveys. The findings of this research work will help the contractors and subcontractors in Karnataka state to mitigate or control the irregularities in the future construction works.
Keywords Construction Management, Contractor, Subcontractor, Payment, Contracts Management, Impact of Delay
Field Engineering
Published In Volume 7, Issue 1, January-February 2025
Published On 2025-01-12
Cite This Analysis of Payment Issues in Construction Industries in Karnataka State: Perspective View of Contractors - Shrinath Rao K, Nayan S - IJFMR Volume 7, Issue 1, January-February 2025. DOI 10.36948/ijfmr.2025.v07i01.35012
DOI https://doi.org/10.36948/ijfmr.2025.v07i01.35012
Short DOI https://doi.org/g82gs8

Share this