Whether you are a homeowner building a deck or a commercial contractor building multimillion-dollar projects, the soaring costs of construction materials is not new news. Even as lumber prices begin to retreat, what might be surprising is the length of time it might take for prices to stabilize overall or at least become more predictable.
With hurricane season now upon us and the risks of wildfires increasing every day in the summer heat, planning for natural disasters is an inevitable and necessary part of every disaster preparation or business continuity plan. But how effective will these plans be in the midst of the current COVID-19 pandemic?
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A subcontractor experiencing trouble can cripple a project; knowing about their difficulties early is better, but it doesn’t eliminate the risk of default.
One of the most urgent issues facing construction contractors is the ability to attract and retain talent. Several factors may be in play, including the perception that construction can be a dangerous vocation. One way you can attract and retain top talent is to provide a safe workplace with people who are properly trained and alert to job hazards.