Problems
What will AGI do for Subcontractor Default Risk?
General contractors and developers absorb cascading financial and schedule impacts when a subcontractor fails to deliver on a project scope. Default occurs when trade partners abandon sites due to insolvency, supply chain breakdowns, or over-leveraged labor capacity. When a critical trade fails, the delay derails the master schedule, forcing the GC to cover liquidated damages, scramble for replacement crews at premium rates, and untangle mechanic's liens from unpaid material suppliers.