"construction payment" is a correct and usable phrase in written English.
You can use it when you are referring to a payment that has been made for the building or renovation of a property, or for the labor services connected to it. For example: "The construction payment for the new school was made on time and without issue."
Under a previous agreement with their lenders, MGM Mirage and Dubai World agreed to make joint construction payments to avoid propelling CityCenter into bankruptcy.
Dubai World has also agreed to repay $135 million to MGM in construction payments the casino operator had made on its behalf.
Iran, which has denied American allegations that it is pursuing nuclear weapons, received the first shipment of fuel from Russia on Dec. 17 after a dispute lasting months between the countries, ostensibly over delayed construction payments for the reactor.
They were about to start building a house in the hills to enjoy in years to come and their final conversation "revolved around construction, payments, scheduling, stuff like that".
It is unclear what prompted Mr. Bloomberg to decide that the city could no longer afford the up-front construction payments, since the city's financial outlook, long viewed as troublesome, has not changed markedly since the summer, when he made his comments to the control board.
Rumors were spreading around Shanghai that Leo Investment had failed to settle construction payments and that the project was waiting for new investors.
But we shouldn't be pouring tens of billions of dollars of ratepayer and taxpayer loan guarantees and advance construction payments into the pressurized reactors of the type we are building today.
As the two talked to contractors, however, they realized it would take more to fix construction's payment problem.
Trump also sued Deutsche Bank for an extension on the construction loan payment in 2008, citing the financial crisis as a force majeure--a clause usually reserved for unforeseen circumstances such as natural disasters.
