Study: Factors raise risk of worker hearing loss | Commentary: Objective gauge needed to raise construction efficiency | General contractor works on tech to improve worker safety
June 20, 2018
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Risk Management
Study: Factors raise risk of worker hearing loss
Nearly 6 in 10 former construction workers tested exhibited some loss of hearing, according to a study by the Center for Construction Research and Training. The study also spotlighted smoking and exposure to solvents as raising the risk of compromised hearing.
Safety + Health (6/12) 
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Commentary: Objective gauge needed to raise construction efficiency
Technology is only slowly making inroads in the construction industry, and one hindrance might be guaranteed maximum price bidding that reduces contractor incentives for efficiency. One answer to the problem may lie in the golfing concept of par, or establishing "an objective benchmark -- a way to measure excellence in an industry that doesn't reward productivity," writes Autodesk's Sarah Hodges.
Engineering News-Record (6/13) 
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General contractor works on tech to improve worker safety
Boston-based Suffolk Construction is developing artificial intelligence that will be able to analyze construction job sites and their workers to correlate with accident reports in an effort to improve work safety. The technology could eventually lead to giving injury risk ratings to construction projects.
MIT Technology Review online (free registration) (6/12) 
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The Economy
Construction material costs increase 8.8% year over year in May
Construction material costs increased 8.8% year over year in May as contractors dealt with the looming threat of tariffs on steel and aluminum and rising fuel prices. Ken Simonson, chief economist at the Associated General Contractors of America, said contractors must find a way to confront the rising construction costs.
The Daily Reporter (Milwaukee) (6/13) 
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Commercial Project News
Boring Co. wins contract to build hyperloop-type system in Chicago
Chicago has selected The Boring Co. to design, build, finance, operate and maintain a scaled-down, vacuumless version of a hyperloop between downtown and O'Hare International Airport. Vehicles likely will transport 16 people at a time, but contract details have not yet been negotiated.
National Public Radio (6/14),  CNBC (6/14) 
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Project Delivery & Financing
Guide produced to help implement integrated project delivery
A 151-page guide to implementing integrated project delivery, which is part of Lean Project Delivery, has been produced. "Integrated Project Delivery, An Action Guide for Leaders" is the result of a 20-person advisory council workshop and gives construction professionals a step-by-step roadmap.
Engineering News-Record (6/13) 
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News from Aon Construction Services Group
Aon signs up to UN Principles for Sustainable Insurance
Aon is pleased to announce that it has signed up to the United Nations' Principles for Sustainable Insurance (PSI). The first business operating in the insurance broking community to adopt the Principles, Aon is proud of its commitment to supporting the UN's goal of leveraging the insurance industry's role across risk management, insurance and investment to help build resilient, inclusive and sustainable communities and economies. Learn more.
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Aon plc (NYSE:AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.
About Aon Construction Services Group
Aon's Construction Services Group is the preeminent provider of risk and human resources solutions to general and specialty contractors, project owners, and industry stakeholders. As the segment leader, Aon provides an unparalleled platform to serve the risk management needs of global contractors, an expansive collection of offices to support service delivery for specialty firms and large infrastructure projects, and the risk management industry's leading global network, delivered through collaborative colleagues who specialize in risk management for construction activities.
 
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Aon Risk Solutions | Construction Services Group
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(t) 949.608.6305 | (m) 516-462-2619
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