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Mitigate Risk by Managing Information

Modern building and infrastructure projects generate a lot of data, and it’s only going to keep growing. In 2004, a large project generated roughly 100 gigabytes of data; today, that stat has risen to 6.5 terabytes of data. Because building and infrastructure projects live and die by project information, many risks are associated with properly managing it. 

Rethinking Health Care Construction

Outpatient and walk-in urgent care facilities are far less costly for organizations to construct than larger medical buildings and hospitals; therefore, these facilities are popping up in retail spaces and are most likely on short-term leases that do not require a large commitment from the organization. The increase in the number of outpatient facilities also reverts back to patient satisfaction: Patients are more comfortable seeing their doctors at an outpatient facility. 

Pave It Forward

In September, The PHILLIPS School in Annandale, Va., debuted $150,000 worth of repairs to its entrance, bus lanes and sidewalks as a result of the Heavy Construction Contractors Association’s annual “Pave It Forward!” charitable giving program.

2017 Construction Outlook

  For now, it’s tempting to maintain a somewhat pessimistic outlook. A combination of debt accumulation and low interest rates appears to have taken asset prices above levels supported by economic fundamentals. This renders the macro-economy and that of the nation’s nonresidential construction sector somewhat vulnerable to asset price adjustments.  

Create More Reasons for Workers to Stay

Stimulating training opportunities, advancement accelerated to match the abilities of the worker and a “voice” in important decisions seem to be the most important expectations of the modern talent pool. It’s essential for the construction sector to focus on creating an exciting, modern image of itself as a profession of “building important things,” and more specifically one that piques the interest of tech-oriented candidates. 

Surety Industry Advocates for Inclusion of Bonds on Federal and State P3s

  Even though procurement methods have evolved—including the use of P3s—construction remains a risky business, making the protections that surety bonds provide for taxpayers’ investments and the payment guarantees for subcontractors and suppliers just as relevant and important in P3s. 

How Do the Employee Benefits You Offer Aid Retention and Curb Turnover?

We could have the best programs in place, but if our employees can’t navigate the plan, it hurts them and our bottom line. Our internal benefits team provides education, claim assistance and even billing negotiations. 

Fighting Hunger One Can at a Time

In the past five years, Dixon Hughes Goodman (DHG), a public accounting firm with more than 2,000 employees in 12 states, has donated nearly 3.8 million pounds of food to hunger relief organizations through its Count the Cans initiative. This year alone, the firm donated 593,464 pounds of food and 12,020 pounds of pet food. 

Crafting a Strategy for Benefits Management

Construction leaders should evaluate the medical and non-medical benefits they offer and spend some quality time with their workforce to get clarity on desired benefits choices. Enrollment season is not far away, making it a great time to reassess the company’s benefits package, fill any benefits gaps, and educate the workforce to ultimately increase loyalty and commitment and create happy and productive employees. 

High Stakes Call for Industry Involvement

Getting involved in the political process is essential for ABC members and their employees. The stakes are high this November, and teamwork will be necessary to ensure candidates who support free enterprise and open competition are sent to Washington, D.C., next year. 
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Mitigate Risk by Managing Information
Modern building and infrastructure projects generate a lot of data, and it’s...

Rethinking Health Care Construction
Outpatient and walk-in urgent care facilities are far less costly for organizations...

Pave It Forward
In September, The PHILLIPS School in Annandale, Va., debuted $150,000 worth...

2017 Construction Outlook
For now, it’s tempting to maintain a somewhat pessimistic outlook. A combination...

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