OSHA safety campaign around the corner | 3 ways to prepare for a successful business handoff | Beware of blockchain's legal limitations
July 31, 2019
Aon Construction Risk Advisor
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Risk Management
Blockchain offers potential to reduce construction risk
Aon estimates that 95% of building construction data gets lost on handover to the first owner, but properly leveraging blockchain can help secure project documentation. "Collectively, we are all better off if we encourage data collaboration and use blockchain and machine learning to help us establish longer-term industry roadmaps for investments, and technologies that can boost productivity and efficiency and lessen risk," said David Bowcott, global director of growth, innovation, and insight at Aon's global construction and infrastructure group.
Harvard Business Review online (tiered subscription model) (7/26) 
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OSHA safety campaign around the corner
The focus will be on employers' and workers' contributions to workplace safety during OSHA's Safe + Sound week scheduled for Aug. 12-18. The goal will be helping businesses identify potential safety problems to take preventive measures.
Occupational Health & Safety (7/24) 
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3 ways to prepare for a successful business handoff
Construction leaders may neglect to take into account all the skills they possess or have developed to succeed as they try to pass management on to a successor, Shane Brown writes. To raise the chances of a strong transition, leaders should look beyond transaction planning, dedicate resources to filling an anticipated skills gap and avoid trying to find a replacement exactly like them.
Construction Executive magazine online (7/19) 
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Beware of blockchain's legal limitations
The blockchain technology that's set to transform the construction industry has been labeled disruptive for both its positive and legally problematic qualities. Lawyer Brandon Rothey takes a look at the legal questions that users and future users should consider.
ForConstructionPros (7/25) 
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The Economy
Budget deal lacks details on specific programs
The latest congressional measure to raise discretionary spending caps does not specify how much money would be allocated to individual programs during the next two fiscal years, but infrastructure line items could be made clear in coming months, AGC says. Two critical programs that fund federally aided highways and improvements to airports are protected from budget cuts, but it's possible that other infrastructure programs receive lower funds than in years past.
Engineering News-Record (7/27) 
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Nonresidential sector anchored construction growth in June
A 16% month-to-month surge in nonresidential building last month fueled an overall 9% construction gain, according to Dodge Data & Analytics. The seasonally adjusted annual rate of $832.7 billion follows a 10% month-to-month gain in May after a lackluster April.
Dodge Data & Analytics (7/24) 
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Commercial Project News
FTE taps Stantec to design Fla.'s Turnpike improvement
The Florida Department of Transportation's Florida Turnpike Enterprise has selected Stantec to design the $212 million reconstruction for the Turnpike in Lake County. The plan will double the number of travel lanes from four to eight and accommodate future cashless tolling and express lanes.
Traffic Technology International (UK) (7/2019) 
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Texas site selected for $1.9B Steel Dynamics mill
Steel Dynamics has selected a site near Sinton, Texas, for its planned $1.9 billion steel mill. Pending permit approvals, construction is expected to begin next year at the roughly 2,500-acre site.
KIII-TV (Corpus Christi, Texas) (7/23) 
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DOT awards nearly $856M in INFRA grants
The US Department of Transportation announced 20 grants funding projects in 19 states, totaling nearly $856 million. The Infrastructure for Rebuilding America grant recipients were chosen from a pool of 200 applications.
Transport Topics (7/25),  Engineering News-Record (7/25) 
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Project Delivery & Financing
How laser scanning contributes to efficiency, safety
Laser scanning can help companies save time and money on planning and preconstruction work by allowing certain tasks to be executed in-house, Mark LaBell writes. It can also help make safety management more efficient through quicker project data acquisition.
EHS Today (7/23) 
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News from Aon Construction Services Group
Infographic: Aon Reports Second Quarter 2019 Results
On July 26, Greg Case, CEO, Aon plc, announced the firm's second-quarter results for 2019. For more information on metrics and highlights, visit the Aon Media Room.
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One sometimes finds what one is not looking for.
Sir Alexander Fleming,
physician, scientist who discovered penicillin
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About Aon
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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Ruya Qadir | CSG Solutions Marketing Manager
Aon Risk Solutions | Construction Services Group
17875 Von Karman Ave, Suite 300, Irvine, CA, 92614
(t) 949.608.6305 | (m) 516-462-2619
Ruya.Qadir@aon.com
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