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For GCs, the Handover Gap Is an Expensive Problem

Learn how closeout delays can drain working capital and profits.

General contractors often view closeout and handover issues as an owner's headache. But with retainage held until final sign-off, a prolonged handover process can directly impact your bottom line. Capturing asset data continuously throughout the project lifecycle helps GCs streamline the closeout process. Learn how you can protect working capital and lower risk exposure.

Topics covered

  • Calculating the financial cost of retainage and closeout delays

  • Eliminating the overhead of chasing trade partners for documentation

  • Protecting company cash flow and client relationships during handover