Investigasi Pengaruh Keterlambatan Pembayaran Proyek Konstruksi dari Owner kepada Kontraktor

[Title: Investigating The Impact of Construction Project Delay Payment from The Owner to The Contractor] Existing literature shows that project delays are still a common problem in many countries. Generally, factors causing project delays are mostly attributed to the contractor's responsibility. Meanwhile, it is still rare to find research that examines the causal factors of project delays from the owner's side. This study intends to investigate the effect of late payments from the owner to the contractor in construction projects. The preliminary study was conducted through an interview, followed by data collection through questionnaires distributed to 80 contractors as the respondents, using a mixed method of qualitative and quantitative analysis techniques. The results show that the three biggest impacts are late payments by contractors to subcontractors and suppliers, disruption of contractor cashflows, and difficulty in obtaining materials. The main causes of delays in owner payments include complex bureaucracy in submitting payments, incomplete document requirements, and poor quality of work. The solutions taken by the contractor include, among others, billing the owner continuously, demanding the owner to pay the interest due to late payments, and delaying payment obligations to suppliers and subcontractors. The results of this study indicate that late payment from the owner is still a serious problem in the construction industry in Indonesia. The findings of this study serve as inputs for stakeholders in the construction industry to understand the problems of late owner payment and their impact on the project, as well as to formulate appropriate preventive strategies.