John Donne said, “No man is an island.” The same can be said for construction firms. Today’s general contractor requires a vast network of subcontractors and suppliers to deliver projects on time and within budget. But contracting with these vendors brings additional risk as GCs are ultimately accountable for all project operations, whether they’re performed by their own employees or vendors. This risk includes supply chain interruptions, safety violations, quality of work, project delays and licensing issues, just to name a few. Meanwhile, choosing the right vendor can ease some of the heavy lifting and accelerate projects at the same time. To help you in your search, here are [Read more…] about 17 Tips for Choosing Construction Suppliers and Subcontractors You Can Trust
2017 presents great opportunities and equally great challenges for general contractors. The promise of a $1 trillion investment in infrastructure by the new administration gives hope of a decade-long boost to the entire industry. Aside from President Trump’s infrastructure plan, Dodge Data and Analytics is forecasting a 5 percent year-over-year growth — a moderate but positive outlook.
With spring and the building season on the horizon, savvy general contractors are working now to make the most of every opportunity. But even established GCs will have to overcome some tall obstacles to be successful. Here’s a quick look at the top 5 challenges for general contractors in 2017.
The lack of skilled labor has been a significant issue for the last few years. The industry is trying to bring new talent to construction by increasing wages across the board. The average pay rate in construction increased by 3.2 [Read more…] about Top 5 Challenges for General Contractors in 2017
Keeping people injury free at work and at the job site is always the top priority. With that said, Total Recordable
Injury Rate, commonly known as TRIR, is an indicator that can help your company assess your safety performance and how other companies assess you.
TRIR is determined using the following calculation:
Total OSHA recordable injuries x 200,000 / total hours worked = TRIR
With this in mind, here are a few tips on how to improve your TRIR with a Safety Performance Plan.
Some suggest that awareness alone is sufficient for a safe workplace. But it’s important to make the distinction [Read more…] about How to Improve Safety Performance and TRIR
Construction starts will increase by 5 percent over 2016 to $713 Billion, according to Dodge Data & Analytics 2017 Construction Outlook. That’s all well and good, but the Dodge forecast was released in October 2016, before Donald Trump won the election. Now, with a Republican majority in the U.S. Congress and President Trump in the White House, many are wondering how the construction industry will be affected in 2017 and beyond.
President Trump has announced plans to address two key areas that will certainly affect construction: infrastructure and real estate.
Growing Infrastructure Opportunities
“We will rebuild our infrastructure, which will become second to none,” said President Trump in his election night victory speech. He echoed this sentiment in his inaugural address. “We will build new roads, and highways, and [Read more…] about How Could President Trump Affect Construction in 2017 and Beyond?
As temperatures dip and the winter weather sets in, spending a few minutes to make sure your office trailer is ready for winter can help avoid service outages and project delays. Watch this short video to learn what you need to do to get your office trailer ready for winter.