Throughout 2019, the Florida contractors on this list had the highest rates of on-time payments to subcontractors and suppliers. On-time construction payments improve outcomes for everyone. Good payment practices reduce lien risk for property owners, improve cash flow for contractors and suppliers, and improve relationships on the job. But on most projects, construction payments are made in the dark, with little-to-no transparency into the process.
Levelset’s newly updated Contractor Profiles platform is making construction payment data public to help property owners, builders, and suppliers easily identify the best contractors in any state (or any city) for on-time payments.
Florida Top 25: Contractors Who Pay On Time
1.Live Oak Construction
On-time percentage: 99.75%
- City: Jacksonville, FL
- 2019 Projects: 33
- Payment Speed: Fast
2.J Raymond Construction Corp
On-time percentage: 99.07%
- City: Longwood, FL
- 2019 Projects: 41
- Payment Speed: Fast
3.Oden Hardy Construction Inc
On-time percentage: 98.57%
- City: Bradenton, FL
- 2019 Projects: 38
- Payment Speed: Fast
4.Iconstructors Llc
On-time percentage: 98.51%
- City: Tampa, FL
- 2019 Projects: 34
- Payment Speed: Fast
5.Ripa & Associates
On-time percentage: 98.48%
- City: Tampa, FL
- 2019 Projects: 38
- Payment Speed: Fast
6.Pennington & Associates Inc
On-time percentage: 98.39%
- City: Winter Park, FL
- 2019 Projects: 27
- Payment Speed: Fast
7.Summit Contracting Group
On-time percentage: 98.35%
- City: Jacksonville, FL
- 2019 Projects: 136
- Payment Speed: Fast
8.Clancy & Theys Construction Company
On-time percentage: 98.35%
- City: Orlando, FL
- 2019 Projects: 65
- Payment Speed: Fast
9.Bng Construction Inc
On-time percentage: 98.11%
- City: Sanford, FL
- 2019 Projects: 29
- Payment Speed: Fast
10.Wharton-Smith
On-time percentage: 97.98%
- City: Sanford, FL
- 2019 Projects: 86
- Payment Speed: Fast
11.Executive Construction
On-time percentage: 97.48%
- City: Deerfield Beach, FL
- 2019 Projects: 30
- Payment Speed: Fast
12.Knauf-Koenig Group
On-time percentage: 97.06%
- City: Naples, FL
- 2019 Projects: 17
- Payment Speed: Fast
13.Lakeview Construction
On-time percentage: 97.06%
- City: Altamonte Springs, FL
- 2019 Projects: 17
- Payment Speed: Fast
14.Cajun Industries
On-time percentage: 96.97%
- City: Mary Esther, FL
- 2019 Projects: 35
- Payment Speed: Fast
15.Saulsbury Industries
On-time percentage: 96.92%
- City: Boca Raton, FL
- 2019 Projects: 63
- Payment Speed: Fast
16.Barr & Barr
On-time percentage: 96.88%
- City: Tampa, FL
- 2019 Projects: 19
- Payment Speed: Fast
17.Kast Construction
On-time percentage: 96.77%
- City: West Palm Beach, FL
- 2019 Projects: 44
- Payment Speed: Fast
18.Matcon Construction Services
On-time percentage: 96.49%
- City: Tampa, FL
- 2019 Projects: 28
- Payment Speed: Fast
19.M/I Homes
On-time percentage: 96.14%
- City: Lake Mary, FL
- 2019 Projects: 469
- Payment Speed: Fast
20.Bernhard
On-time percentage: 96.10%
- City: Apopka, FL
- 2019 Projects: 111
- Payment Speed: Fast
21.Capform Inc
On-time percentage: 94.88%
- City: Tampa, FL
- 2019 Projects: 109
- Payment Speed: Fast
22.Gac Contractors Inc
On-time percentage: 94.23%
- City: Panama City, FL
- 2019 Projects: 20
- Payment Speed: Fast
23.Jel Site Development Inc
On-time percentage: 93.94%
- City: Winter Park, FL
- 2019 Projects: 34
- Payment Speed: Fast
24.Mulligan Constructors
On-time percentage: 93.94%
- City: Orlando, FL
- 2019 Projects: 14
- Payment Speed: Fast
25.Building Management Systems
On-time percentage: 93.75%
- City: Melbourne, FL
- 2019 Projects: 15
- Payment Speed: Fast
How scores are calculated
A contractor’s percentage of on-time payments is based on the number of total projects where they did not receive:
A contractor’s payment speed rating (Fast, Medium, Slow) is also influenced by good payment practices, like requesting/receiving preliminary notices and lien waivers. Both of these visibility documents indicate a contractor’s concern for transparency and relationship-building on a job.
The more recent these documents were exchanged, the greater impact they have on the payment speed score. For more info, please see how contractor profile scores are calculated.
Disclaimer:
Levelset’s Contractor Profiles are updated daily. The information and rankings in this article reflect the data available on the date of publication.