Articles Tagged with ''construction risk management''

Construction Risk Management

Higher Manslaughter Penalties Sought Against Employers

Massachusetts has one of the lowest fines when fatalities bring criminal charges

March 8, 2017

Manslaughter charges against a Boston drain company are reinvigorating efforts to increase penalties for firms convicted of manslaughter in Massachusetts.

Construction Risk Management

Construction Productivity Slips in U.S. and Rises in Africa and China

A new report from McKinsey foresees higher pay and global productivity gains

Peter Reina

March 8, 2017

No Comments

Efforts to improve lagging construction productivity have largely failed, notably in the U.S., but skills shortages and increasing constraints on migration likely will inflate pay and force productivity improvements across the globe, according to a recent construction-industry survey and forecast by the McKinsey Global Institute.

Viewpoint: Construction Safety Benefits Extend Beyond The Project Fences

Todd Stewart

March 8, 2017

A positive safety culture can have effects reaching far beyond the jobsite.

Insurance

Florida Businesses Want Workers' Compensation Changes

Successful 2016 court challenges increased disability payouts and premiums

March 8, 2017

No Comments

'Rate stabilization' is goal as state lawmakers begin legislative session.

Finance

CB&I CEO Asherman: Trust Toshiba to Finish Big Nuke Jobs

CB&I records a substantial loss for a second year in a row

Richard Korman

March 7, 2017

No Comments

Philip K. Asherman, chief executive of CB&I, says he believes prime contractor Toshiba Corp. will finish two delayed and over budget nuclear power-plant projects in Georgia and South Carolina.

Construction Risk Management

US Nuke Project Owners Prepare for Worst From Westinghouse

Will hundreds of millions of dollars in surety guarantees and letters of credit be needed?

Scott Judy

February 22, 2017

2 Comments

Utilities cite surety bonds and hundreds of millions of dollars in letters of credit in backup plans.

Construction Risk Management

Big Disputed Oregon Power Plant Surety Claim Inches Toward Trial

Zurich and Liberty Mutual contend that the bankrupt contractor was not properly terminated.

Richard Korman

February 22, 2017

No Comments

Will Zurich and Liberty Mutual be compelled to pay off bond provided by a bankrupt contractor?

Construction Risk Management

How Owners and Architects Differ on Risk Priorities

A new report shows the challenges created by perspective on errors, changes

Richard Korman

February 21, 2017

No Comments

Differing perspectives emerge on errors and changes, as seen in the newest Smart Market Report from Dodge Data & Analytics.

Sudden Bankruptcy Stalls Bluegrass Music Museum Project

Richard Korman

February 7, 2017

No Comments

In late November 2016, a local Owensboro, Ky., news report proclaimed that everything was going fine at the new Bluegrass Music Museum & Hall of Fame.

$Delaware Bridge's fractured I-beam$

Team Temporarily Stabilizes Delaware River Bridge Crack

Justin Rice

February 1, 2017

One Comment

The team temporarily stabilizing the Delaware River Bridge and planning its permanent repair also are trying to find a precedent for the bridge’s uncommon fracture.

Live: July 16, 2026 at 2:00 pm EDT We'll address the current state of the construction market as we reach the halfway point of 2026. ENR invites three top forecasters asking them to share their views on the market prospects for the industry at midyear, both nationally & regionally, in the midst of these unique challenges.