Risk Management
With the construction industry facing a skilled labor shortage, new and inexperienced workers are entering the field. These workers may be more vulnerable to injury, making it hugely important for general contractors to create a culture of safety for their employees, subcontractors and craft professionals.
How to Determine Whether a Project Is Worth the Risk
When presented with a project opportunity, many contractors quickly respond with enthusiasm before thoroughly considering whether taking on the project makes sense for their business. Fortunately, there is a better way to evaluate projects that balances the optimism of a win with the practical need to make a profit.
Hurricane-proof Construction Methods Can Prevent the Destruction of Communities
The hurricanes that slammed into heavily populated areas from the Caribbean to Texas last summer are inching toward a half-trillion-dollar price tag in damages. Buildings are the most visible marker of a place’s resilience after a disaster strikes and the industry is searching for a way to rebuid better.
Protections From the Failure of Other Contractors: Maintain Security Rights
Failure by any project participant can be felt up and down the payment chain and extend to other projects. For protection against other parties’ failures, always preserve mechanics lien and bond claim rights.
Sunny Outlook for Managing Volatile Weather Risk Exposure
New approaches to analyzing historical weather patterns and interest from third parties willing to assume these risks are changing the way the industry approaches weather risk exposure.
Takin’ Care of Business: A Security To-Do List to Fend Off Cybercrime
With the cost of cybercrime reaching $2 trillion by 2019, companies need a comprehensive security strategy to safeguard their networks.
Dust in the Wind: The Threat of Airborne Lead From Construction Sites
When older buildings are demolished, they may spread toxic contaminants, such as lead. Contractors should be aware of liability exposures and ways to minimize risk on demolition projects.
Construction Cameras Help Settle Disputes and Keep Winter Projects on Schedule
Keeping jobsite cameras on when the weather gets cold and progress slows can show weather impacts on a jobsite, confirm or refute claims of delays, deter or solve thefts and document workplace injuries.










