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Controlling Total Cost of Risk in Construction

Construction Business Owner

Controlling Total Cost of Risk in Construction Four key strategies to improve total cost of risk and drive successful construction outcomes mhodges Wed, 02/28/2024 - 10:14 The global construction industry is expected to grow by 85% to $15.5 trillion by 2030, but this growth comes with risk management challenges.

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How to More Effectively Mitigate Davis-Bacon Compliance Risk

Construction Business Owner

How to More Effectively Mitigate Davis-Bacon Compliance Risk Top five strategies for prime contractors navigating prevailing wage regulations. mhodges Mon, 09/30/2024 - 08:16 Discover the top five strategies that general contractors overseeing multiple tiers of subcontractors are using to protect themselves from potential fines and penalties.

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How Improved Change Order Communication Can Reduce Risk for all Stakeholders

Construction Business Owner

The results of an outdated change order process include wasted time for all project team members, increased financial risk, lack of real-time statuses and uncaptured valuable data and insights. reduce risk. Fill out the form on this page to register for this webinar. . Do Not Sell My Personal Information. change orders. automation.

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Understanding Driver Risk Is Paramount to Your Company’s Profits

Construction Business Owner

Understanding Driver Risk Is Paramount to Your Company’s Profits Use fleet tracking tech to tackle operational challenges while keeping your drivers safe mhodges Thu, 04/20/2023 - 07:37 Fleet managers must balance ever-shifting routes and customer needs — all while keeping drivers (and the public) safe.

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Top 5 Risks for Set-Aside Contractors

Construction Business Owner

Top 5 Risks for Set-Aside Contractors. But the risks can be big, too. That’s why set-aside projects are a boon for small businesses—but risk and reward go hand in hand. Here are the top five risks facing set-aside contractors. risk management. . Federal projects are a big deal for small contractors. Greg Ragsdale.

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Rio Grande LNG ruling underscores risk of megaprojects

Construction Dive

billion contract for Train 4 of the Texas energy facility, a court overturned the project’s federal authorization, putting its timeline in doubt. After Bechtel won a $4.3

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Readers Respond: Don't shut down sites in high-risk areas

Construction Dive

In response to last week's survey, Construction Dive readers weigh in on whether jobsites should close to help mitigate the spread of the coronavirus in states like Florida, Texas and California, where cases are surging.

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