Responding to a persistent problem in the construction industry—the burden on subcontractors to float the cost of labor, equipment, materials and other expenses until the general contractor gets paid—Turner Construction is rolling out a supply-chain financing program aimed at speeding up payments to subs.

“It’s a win for the subcontractor,” Mark Boyle, Turner’s chief procurement officer, tells ENR. “They know, date-certain, when they will receive their money, and it takes a burden off of their credit line and the cash flow in their business.”