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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.