Throughout 2019, the Florida contractors on this list had the highest rates of jobs without reported payment issues. 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
Percent of jobs without reported payment issues: 99.75%
- City: Jacksonville, FL
- 2019 Projects: 33
- Payment Speed: Fast
2.J Raymond Construction Corp
Percent of jobs without reported payment issues: 99.07%
- City: Longwood, FL
- 2019 Projects: 41
- Payment Speed: Fast
3.Oden Hardy Construction Inc
Percent of jobs without reported payment issues: 98.57%
- City: Bradenton, FL
- 2019 Projects: 38
- Payment Speed: Fast
4.Iconstructors Llc
Percent of jobs without reported payment issues: 98.51%
- City: Tampa, FL
- 2019 Projects: 34
- Payment Speed: Fast
5.Ripa & Associates
Percent of jobs without reported payment issues: 98.48%
- City: Tampa, FL
- 2019 Projects: 38
- Payment Speed: Fast
6.Pennington & Associates Inc
Percent of jobs without reported payment issues: 98.39%
- City: Winter Park, FL
- 2019 Projects: 27
- Payment Speed: Fast
7.Summit Contracting Group
Percent of jobs without reported payment issues: 98.35%
- City: Jacksonville, FL
- 2019 Projects: 136
- Payment Speed: Fast
8.Clancy & Theys Construction Company
Percent of jobs without reported payment issues: 98.35%
- City: Orlando, FL
- 2019 Projects: 65
- Payment Speed: Fast
9.Bng Construction Inc
Percent of jobs without reported payment issues: 98.11%
- City: Sanford, FL
- 2019 Projects: 29
- Payment Speed: Fast
10.Wharton-Smith
Percent of jobs without reported payment issues: 97.98%
- City: Sanford, FL
- 2019 Projects: 86
- Payment Speed: Fast
11.Executive Construction
Percent of jobs without reported payment issues: 97.48%
- City: Deerfield Beach, FL
- 2019 Projects: 30
- Payment Speed: Fast
12.Knauf-Koenig Group
Percent of jobs without reported payment issues: 97.06%
- City: Naples, FL
- 2019 Projects: 17
- Payment Speed: Fast
13.Lakeview Construction
Percent of jobs without reported payment issues: 97.06%
- City: Altamonte Springs, FL
- 2019 Projects: 17
- Payment Speed: Fast
14.Cajun Industries
Percent of jobs without reported payment issues: 96.97%
- City: Mary Esther, FL
- 2019 Projects: 35
- Payment Speed: Fast
15.Saulsbury Industries
Percent of jobs without reported payment issues: 96.92%
- City: Boca Raton, FL
- 2019 Projects: 63
- Payment Speed: Fast
16.Barr & Barr
Percent of jobs without reported payment issues: 96.88%
- City: Tampa, FL
- 2019 Projects: 19
- Payment Speed: Fast
17.Kast Construction
Percent of jobs without reported payment issues: 96.77%
- City: West Palm Beach, FL
- 2019 Projects: 44
- Payment Speed: Fast
18.Matcon Construction Services
Percent of jobs without reported payment issues: 96.49%
- City: Tampa, FL
- 2019 Projects: 28
- Payment Speed: Fast
19.M/I Homes
Percent of jobs without reported payment issues: 96.14%
- City: Lake Mary, FL
- 2019 Projects: 469
- Payment Speed: Fast
20.Bernhard
Percent of jobs without reported payment issues: 96.10%
- City: Apopka, FL
- 2019 Projects: 111
- Payment Speed: Fast
21.Capform Inc
Percent of jobs without reported payment issues: 94.88%
- City: Tampa, FL
- 2019 Projects: 109
- Payment Speed: Fast
22.Gac Contractors Inc
Percent of jobs without reported payment issues: 94.23%
- City: Panama City, FL
- 2019 Projects: 20
- Payment Speed: Fast
23.Jel Site Development Inc
Percent of jobs without reported payment issues: 93.94%
- City: Winter Park, FL
- 2019 Projects: 34
- Payment Speed: Fast
24.Mulligan Constructors
Percent of jobs without reported payment issues: 93.94%
- City: Orlando, FL
- 2019 Projects: 14
- Payment Speed: Fast
25.Building Management Systems
Percent of jobs without reported payment issues: 93.75%
- City: Melbourne, FL
- 2019 Projects: 15
- Payment Speed: Fast
How scores are calculated
A contractor’s percent of jobs without reported payment issues is based on the number of total projects where they did not receive:
- Slow payment documents (e.g. notices of intent to lien)
- Non-payment documents (e.g. mechanics liens)
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 awareness for transparency and relationship-building on a job.
Discover how a Florida contractor’s average DSO went from 60 days to 14 days after sending notices on every 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.