More than a year after Textura partnered with Turner Construction Co. on a national roll-out of its Early Payment Program for subcontractors, the system slowly is gaining adoption. The software firm, now owned by Oracle, says about 20 general contractors now use EPP, which rearranges construction’s payment order by moving subcontractors ahead of GCs in line for reimbursement, often within a week of a project owner’s approval of invoices.
A session at Oracle’s “Industry Connect” user conference in Orlando, Fla., in March focused on the system.