The Technology

WEB-BASED and Mobile Optimized

BuildPay’s technology is a web-based, secure platform for connecting everyone (and we mean everyone) on a construction project to their payment.

Payments at the speed of work

Construction ranks last in the world for length of accounts receivable and working capital. It’s high time that payments catch up to the speed of work!


Single Source of Truth


BuildPay’s solution depends on a single source of truth in the payment chain that cannot be in doubt to any participant involved with the project.  That player – in almost every construction project – is the institutional funder providing the capital needed to build.  Construction funders have an unchangeable obligation to provide the funds designated for the project.  The funders have a keen interest in protecting that those funds are only used for the successful delivery of the project; that everyone gets paid.  The solution is therefore very simple; hardwire payments from the funder to each provider of oversight, work and materials.


How it Works

BuildPay provides access to a shared ledger for virtually all the players involved in funds control on each project.  That ledger allows the entire chain – from end-to-end – to reach consensus, pairing-by-pairing.

Click on the diagram to learn more about each step in the payment chain

BuildPay Technology
Contract Sum Committed/Acknowledged Direct ACH Payment Flow Payment Request/Approval Funder Owner General Contractor Subcontractors Material Suppliers

Contract Sum Committed/Acknowledged

Every BuildPay project begins with a private memorialization of the agreed-upon contract amount between two users . Everyone else on the project can simply see that you're in 100% agreement.


Direct ACH Payment Flow

When the work is approved and the materials are purchased, payment moves directly to it's end destination. Materials are paid for without trade credit, and your payment can never be held in the wrong hands.

Payment Request/Approval

After budgets are established and work starts, payments are requested in the BuildPay system based on whatever schedule or interval is normal. Payment approval settings can be changed depending on job requirements.


The "funder" is anyone providing construction funding on a project - an insurance company with a property loss or losses after a large event, a bank providing a construction loan, or a government entity with a public works project.


The owner on the project is invited by their funder. Owners are free to choose their own contractor and can immediately benefit from using BuildPay.

General Contractor

The general contractor invites his subs and memorializes his agreements with them. By default, payments for all the work he approves will be paid out the moment that he gets paid - reducing risk.


Subcontractors, and anyone who needs to procure materials, are issued a BuildPay materials card that's linked to the project's materials budget. BuildPay is free to use for anyone providing work and materials.

Material Suppliers

Material suppliers are provided a BuildPay card reader that accepts BuildPay material cards. There are no transaction fees for BuildPay purchases and payments are made directly as soon as the materials walk out the door.

What People Are Saying


“I could see my contract funds held securely in place, and committed just for our company. Without BuildPay, I can’t see that.”

Brian Sujevich – Green Coast Homes, Inc – Southwest Florida


“Why wouldn’t someone want to protect their funds? They can see exactly where every penny goes!”

Libby Murphy – Gatlinburg ACE Hardware – Gatlinburg, TN


“I’m reluctant to put $200k of material on my account and then have to wait to get paid, which limits the amount of credit we can use for other projects. BuildPay eliminates that concern.”

Jim Baumhardt – President Baumhardt Sand & Gravel, Inc. – Eden, WI


Contact Us            Read FAQs

All construction has one thing in common: it’s all supposed to get paid for. BuildPay is the only company that’s connected at every stage of the project lifecycle and is leveraging advantages from the promises that we make sure are kept.

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Insurance Companies

Banks & Lenders

Project Owners

General Contractors


Material Providers

Material Manufacturers

Lenders: Competitive Advantage

The golden rule sums up lenders’ advantage the best. “Whoever has the gold, makes the rules.”  While the bank has the gold, they compete with other banks, who also have the gold.  Their rules are necessary, they do not need to be changed.  There are many companies that argue the execution of the rules are inefficient, but efficiency really does not substantially improve protections for banks or add construction success for customers.  A shared ledger allows banks - as the trusted source of project funding - to set the rules for project payment releases, monitor the project health and all but eliminate any chance of lien.  Cash-flow-lubricated projects attract competition to accelerate work at more competitive prices with superior protections for virtually every player in the chain.

Insurance: Competitive Advantage

Insurers’ obligation to pay is the most potentially powerful tool insurers have, but is very difficult to systematize and scale given the daunting challenges of insurers collaborating with a huge, highly fragmented and complex construction industry.   Since all construction has chronic payment risk and inadequate cash flow, it makes sense for property insurers to use their irrevocable obligation to pay to attract the construction industry.  Since cash flow is most attractive at the project level, inter-industrywide collaboration between insurers and the titans of construction is less important than mechanizing a platform that can be scaled from one project to many thousands of projects.

Government: Competitive Advantage

In some cases, opportunity for small subcontractors (with limited financial wherewithal) is only one part of the total equation.  Some very talented and well run companies still cannot automatically get the trade credit, working capital and cash flow they need to keep pace.  The struggle is unnecessary when the government funding source can allocate contractor-planned and approved payouts directly to these subs.  Similarly, the subs themselves can allocate material budgets to the ledger to enable them to procure all the materials they need without the material provider taking on risk.  Working capital constraints are greatly alleviated, cash flow accelerates and there is no need for trade credit.  Government agencies can see activity on the ledger for each bid project.  Bids improve.  

Why would construction lenders need to change their highly refined processes?

Success for construction lenders means providing their customer with the funds needed to build the project they want.  To protect the bank’s interests, protective draw schedules are put in place to assure the project is done – and done without liens.  Albeit necessary protection, slow draws cost project time and money.  Some oversight, work and material providers avoid working on bank-funded projects, charge more or require large owner-deposits. This is especially true for classes of product that are fabricated offsite and installed after fabrication is complete, when providers are still not paid until after the next draw.  Customers pay interest on capital needed for construction, with process requirements attached that add to the construction cost and delay project delivery.  In a world where settled business models (think taxis) can be unsettled in months (think Uber), this one probably has disrupters’ attention.

Why do property insurers need to change?

Success for property insurers is making their customer whole as quickly as possible and protecting their loss ratio from significantly inflated reconstruction payouts; especially overblown demand-surge prices following disasters.  Insurance reconstruction is the most inflated of any type of institutionally funded work and is getting worse.  Claim departments are startled by the rate of new disadvantages to mitigate, using tools that have not been substantially redesigned in decades.

Why would government funded projects need payment changes?

Many government entities endeavor to help smaller subcontractors and material providers have the opportunity to be awarded contracts.  In some states women and minority owned enterprises are guaranteed a portion of publically funded construction.  Most contractors we talk to are supportive of this mandate, but it comes with unique challenges.  Providing opportunity alone does little to help solve problems with deficient working capital, trade credit at material providers and enough rapid cash-flow to keep up with fast-paced project schedules.  In some cases contractors help these subs as much as possible, but obviously there are some challenges beyond their control.  These problems work their way to the top like air bubbles in concrete.