Evaluation of Contractor Financing Strategies Regarding Owner’s Legal Entity Status Change

In accordance with Indonesian Financial Services Authority Regulation No. 17 of 2020, a public company is defined as an issuer that has made a public offering of equity securities or a public company. Following this transition, the entity is obliged to comply with the relevant regulations, including the obligation to submit financial reports, disclose relevant information, and undergo audits conducted by independent auditors. Consequently, a construction project owner who has changed its status to a public listed company will experience a significant impact, particularly in relation to the payment system to the contractor. In order to minimize this impact, it is necessary to evaluate the management and financing strategy for project implementation in the contractor in order to ensure the project runs well. This study analyses three scenarios, including structural; architectural; and mechanical, electrical, plumbing works, using Fuzzy Analytical Hierarchy Process. The strategy score is significantly influenced by the weight and rating of the strategy criteria. This study resulted in first ranking strategy obtained on structural work is supplier payment, then on architectural work is subcontractor payment, and finally on mechanical electrical plumbing work is bank loan.