Ready to Respond? Contractors' Best Practices for Performance Bond Claim Preparedness
- Claims, Insurance, Risk Management
- April 23, 2024
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Safety is Profitable, Unsafe Job Sites are Costly0
- Best Practices, Risk Management, Safety
- June 27, 2022
By Patrick Hogan, handle.com Unfortunately, many construction businesses see productivity and safety as being at odds. It’s the bitter truth: cutting costs could be to the detriment of job site safety as an ill-advised approach to raising productivity or seeing safety measures as a needless addition to an already complex and complicated construction project. Of
READ MOREHow to Create a “See Something, Say Something” Safety Culture0
- Risk Management, Safety
- June 27, 2022
by Ben Stevens, Kent Companies The Occupational Safety and Health Administration (OSHA) reports one in ten construction site workers are injured every year. However, statistics show there are 30 minor injuries, 10 serious injuries, and one fatality for every 600 near misses.* With that statistic in mind, how do you capture and learn from those
READ MOREBe Prepared: OSHA Defense Begins BEFORE The Citation0
- Legally Speaking, Risk Management, Safety
- June 27, 2022
By Joseph M. Kanfer, Esq., Woolford Kanfer Law, P.C. Even the most safety-minded contractors may find themselves on the wrong end of an OSHA citation, which can be damaging to the business if the contractor is not prepared. However, with good safety policies and documentation practices, contractors can give themselves a fighting chance to minimize
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Lowering DSO: Best Practices to Get Invoices Paid Faster0
- Cash Management, FINANCE, Risk Management
- April 26, 2022
By Patrick Hogan, Handle.com In construction, finance and credit managers know how crucial it is to keep a pulse on their DSO. Daily Sales Outstanding or DSO is a critical metric that provides a snapshot of how long it takes to collect on credit sale invoices. A higher DSO means significant work needs to be
READ MOREEssential Construction KPIs to Improve Profits and Productivity0
- Best Practices, FINANCE, Improving Productivity, Risk Management
- April 25, 2022
By Grace Ellis, Autodesk Why Construction Teams Should Be Tracking Way More Than Financials How do you measure project success? For many of us, it’s easy to see financials as a leading indicator of performance. Is it over or under budget? And by how much? As owners and project executives usually are looking at high-level
READ MOREContractors: Beware of E-mail Hackers Seeking to Snag Payments0
- Best Practices, Legally Speaking, Outlook & Trends, Risk Management, TECHNOLOGY
- March 21, 2022
For a business of any size, a single hack could threaten the entire company. Precautionary measures can help protect you from financial calamity. By Zachary Rosenberg, Lang & Klain, P.C. Would you leave your office unlocked at night? Would you leave the key to your cash drawer in the drawer’s lock? Of course not. We
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To educate and equip subcontractors and suppliers with the knowledge and resources they need to thrive in the construction industry. Additionally, FASA raises awareness about issues critical to and about construction in the United States.
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