CoreLogic: Hurricane Michael property damage could be as high as $19B | 8 things construction businesses should know about rising Fed rates | Younger workers focus of new safety push
October 11, 2018
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Surety & Insurance Market Trends
CoreLogic: Hurricane Michael property damage could be as high as $19B
Property analytics firm CoreLogic has updated its estimate of the cost of private Florida Panhandle property damages wrought by Hurricane Michael to as high as $19 billion. With winds topping 150 mph, the Category 4 hurricane is perhaps the strongest to hit Florida in 26 years.
The Examiner (Washington, D.C.) (10/10),  Scientific American online (10/10) 
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Any size contractor needs pollution protection
Once viewed as expensive and unnecessary, insuring one's business from a possible pollution condition at a job site is now seen as a business essential for all types and sizes of construction and environmental contractors. AXA XL's Matt O'Malley explains why.
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On the Radar Screen
8 things construction businesses should know about rising Fed rates
8 things construction businesses should know about rising Fed rates
(Mark Wilson/Getty Images)
Regardless of the type of construction business you're in, it is important to understand how rising Federal Reserve rates affect you, writes Kenny Koehler. Among the things businesses should remember amid a rising Fed rate cycle are the importance of educating new clients, the need for lower starting prices, the option of escalation clauses in contracts and the need to closely monitor credit cards.
Pro Tool Reviews (10/8) 
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Younger workers focus of new safety push
In an effort to keep young workers safe, the Board of Certified Safety Professionals and the National Institute for Occupational Safety and Health have partnered to develop a new online safety training program dubbed Youth@Work: Talking Safety. The program will focus on young workers with limited work experience and little safety training in hopes of reducing workplace injuries.
Occupational Health & Safety (10/3) 
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UK construction firms address mental health issues
UK construction firm Jehu Group is one of many contractors working to address mental health in the workplace after the suicide of one of its workers. Construction firms need to clearly communicate that "it is OK to not be OK," said Leigh Hughes, corporate social responsibility director of construction company Bouygues.
BBC (10/10) 
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80% Productivity Improvement
eMars offers a web based, certified, prevailing accuracy wage system that keeps your payroll compliant with the 30+ issues of the Davis - Bacon act. A typical payroll takes about 6 minutes to run. Watch the video to learn more about the eMars advantage.
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Construction Contract Terms & Conditions
Exercise caution with these 5 contract types
Five types of contracts can all too often trip up a business, either with immediate or delayed effect. Jack Garson examines the potential pitfalls in loans, leases, construction contracts, partnerships and personal guarantees.
Forbes (10/2) 
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Protocols & Procedures
How elephant leaders negatively affect workplace safety
So-called elephant leaders who prevent safety improvements at job sites without realizing that they are the real problem can end up making workers less safe, writes Terry Mathis. Poorly implemented safety incentives and the blaming of others are among the mistakes that elephant leaders often make that undermine workplace safety.
EHS Today (10/8) 
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Legal Compliance
OSHRC: OSHA construction eyewash standard is illegitimate
The Occupational Safety and Health Review Commission affirmed a claim that the Occupational Safety and Health Administration's standard mandating on-site body washing and emergency eye flushing resources was invalid. The case was brought by Ogletree Deakins, a representative of a construction company that allegedly breached the rule.
Mondaq (free registration) (10/9) 
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Construction & Insurance Case Law
Location may matter in arbitration clause enforcement
Arbitration clause enforcement can be dependent upon location, as was the case when an electrical subcontractor demanded $269,056.87 from a prime contractor for added work allegedly done on an Air Force base renovation project in Virginia. The court sided with previous North Carolina and West Virginia decisions that arbitration clauses that lacked "mutuality of obligation" were unenforceable, stating that Virginia had no precedent but was more likely to side with those states than Maryland, which had ruled that they were enforceable.
Roads & Bridges online (10/4) 
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Project Focus
Army COE to recommend Houston hurricane protection plan
The Army Corps of Engineers will suggest by the end of October a hurricane protection plan for Houston and other cities in coastal Texas. Four years ago, the Corps began studying the issues and has developed four proposals that each include navigation gates, new levees and seawall upgrades.
The Texas Tribune (10/3) 
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Top reasons for dam failures
Various structural issues, land uses and weather-related circumstances can cause failures in dams, especially if they're made with earthen materials instead of steel or concrete. Although frequent maintenance can help mitigate the risk of dam failures, wind, overflows and debris blockage can still cause breaches over time.
Interesting Engineering (10/8) 
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Scientists too seldom stress the enormity of our ignorance.
Vera Rubin,
astronomer
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