This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The new water management standard enforces Mandatory Water Systems Management Plans, Active Automatic Flow Monitoring Shutoff (AAFMS), and coverage for temporary and permanent water systems. Equally, many insurers will require compliance with JCoP guidelines to provide coverage.
The partnership combines WINT’s industry-leading AI-based water management solutions with HSB’s unique expertise in IoT technology and OEM uptime warranty solutions to provide businesses with an ultimate solution to protect from water leak damage. Water leaks are a major point of pain across the real estate and construction industry.
The round was joined by Taronga Ventures, one of the world’s leading real asset technology investors, and other prop-tech and construction-tech investors, providing WINT strategic access to new markets. “As NEW YORK — Aug.
Construction site security is critical to any building project. If developers and building managers want to ensure steady continuity all year round without any prevalent setbacks and minimal risks, they must ensure their site is equipped with sufficient security measures that protect valuable assets and maintain worker safety.
WINT’s success in preventing water damage has helped accelerate the growth of its insurance network, which includes carriers, brokers, MGAs and risk-engineering firms and has nearly tripled during the year. In addition, WINT’s solutions prevented over 900 water damage incidents with a total damage potential of tens of millions of dollars.
WINT’s success in preventing water damage has helped accelerate the growth of its insurance network, which includes carriers, brokers, MGAs and risk-engineering firms and has nearly tripled during the year. In addition, WINT’s solutions prevented over 900 water damage incidents with a total damage potential of tens of millions of dollars.
Joanna Gander, a senior tax advisory manager at accountancy firm Azets said: “There is a strong suspicion that millions of pounds of taxes are slipping through the net and therefore, in the last six months or so, HMRC has significantly increased its activity within the Construction Industry Scheme. ”
will focus on the connection between technology adoption in construction and reducing the cost of risk. will focus on the connection between technology adoption in construction and reducing the cost of risk. Ghanbarian has more than 15 years of dedicated experience in home services and water management solutions.
By Taylor Ferranti, Commercial Vice President, Refrigerant Management Recently, the HVACR industry has been managing a new challenge when it comes to refrigerant management: counterfeit refrigerant recovery cylinders. Compliance: EPA and DOT regulations in the US mandate the proper handling and disposal of refrigerants.
The construction industry is complex, with various costs that influence project profitability. Understanding burden rates is essential for construction companies to accurately estimate costs and ensure projects remain profitable what is burden rate. What is Burden Rate in Construction?
Polygon , one of the largest global Property Damage Control and Temporary Climate Solutions providers, is pleased to announce they have partnered with WINT Water Intelligence , a leader in cutting-edge water management and risk mitigation solutions, to add real-time leak detection and auto shut-off water supply technology to their portfolio.
The post The Hidden Costs of Owning ConstructionEquipment appeared first on UK Construction Blog. Constructionequipment is the lifeblood of any building project and owning your own equipment can be a tempting proposition. Additionally, factor in safety training for your operators.
How can construction companies maintain healthy cash flow while minimizing overhead costs in today’s dynamic industry? Construction companies must adopt proactive cash flow management strategies to thrive in this environment. Lowers insurance costs associated with maintaining large inventories.
How can you ensure that your equipment rentals deliver optimal value? Your project’s success depends on selecting the appropriate equipment rental provider. equipment rental industry grows to $78.2 The equipment rental industry will reach $78.2 As the U.S. The good news?
Roads & Infrastructure sits down with Michelle Morrissey, National Claims Manager – Underwriting Agencies of Australia, to learn key insights and tips on how the industry can better navigate machinery and plant insurance claims. It’s important to look at your sums insured for each piece of equipment.
When you’re hit by a construction calamity, the wreckage could be far more than physical. Remember, property damage caused by construction mishaps can be extensive and convoluted. Role of Property Damage Lawyers Property damage lawyers play a key role in mitigating disputes related to construction.
NEW YORK — WINT Water Intelligence , a leader in cutting-edge water management and leak-prevention solutions, ranks among the top nine insurance technology innovations of 2024, according to a panel of industry experts. Its technology can be used by construction companies to operate in commercial and multi-tenant apartment buildings.
Keeping tabs on your constructionequipment can be a real game-changer. Whether you’re running a small contracting business or managing a large construction site, knowing where your machinery is and how it’s performing is crucial. But how do you go about tracking all that heavy equipment?
What Are “Soft Costs” in Construction? When planning a construction project, understanding the full scope of costs is crucial for accurate budgeting and project management. Real estate professionals in development and construction lending are impacted by cost and budgeting issues. appeared first on Rabbet.
There are all sorts of equipment and materials needed to start a roofing and guttering business. Roofing equipment and materials. Insurance, liability, and workers’ compensation . 3) Equipment and materials. Roofing and guttering equipment and materials need to be acquired before you can start your business.
Polygon’s ExactAire technology has been used in construction, commercial and industrial buildings for over 25 years giving stakeholders visibility and control of environmental conditions like temperature, humidity, indoor air quality and wood moisture content.
"Constructionequipment is often an essential component in construction projects. Working in a foreign country often presents additional challenges to find the right equipment." Frequently construction companies have to move constructionequipment from one country to another country.
Each May, Procore proudly recognizes Construction Safety Week , an initiative launched in 2014 by global construction firms to inspire everyone in the industry to be leaders in safety. Managing Jobsite Risk A safe jobsite can help mitigate the unpredictability of various construction phases.
One way to help protect yourself from some of these perils is by having business interruption insurance for construction. This type of insurance can help ensure that you’re able to continue operations if something happens that causes you to lose income. What does business interruption insurance cover ?
There might be a slight exaggeration in there, but the reality is that people are embracing automation more and more, and that extends to the construction field too. A regular John will ask for a paycheck, health insurance, dental, even paid vacation. 3D printing is also used in a lot of construction sites to make components.
The post Optimising Equipment Utilisation In Construction Projects: Ensuring Maximum Efficiency with Hired-In Plant Machinery appeared first on UK Construction Blog. When it comes to construction projects the old saying ‘time is money’ holds true, and every moment truly counts towards the success and efficiency of a project.
Licensing, Insurance, and Credentials Always verify that your contractor is licensed, insured, and bonded. Ask your contractor how their maintenance services are managed for your buildings age, location, and usage. For example, a warehouse with heavy HVAC equipment might require more frequent inspections than an office building.
Have you ever wondered what keeps the construction project on track, ensuring that everything goes as expected? A construction site inspection checklist is essential for any construction project. A construction site inspection checklist is essential for any construction project.
The post Why Home Construction Projects Should Prioritise Padlocks appeared first on UK Construction Blog. Home construction sites are easy targets. With valuable tools, equipment, and materials lying around, the risk of theft is high. What Makes Padlocks Ideal for Construction Projects?
Unit price construction cost estimating is the foundation of every reliable cost determination prior to procurement. Unit price construction cost estimating is the foundation of every reliable cost determination. Unit price construction cost estimating is the foundation of every reliable cost determination. for the local market.
Less than 25% of stolen construction materials are returned to the company. To prevent losses for your construction business, you need intimate knowledge of the latest security trends. Are you ready to equip your construction site with top-tier security solutions? RFID Tracking For Tools. Going Keyless.
The post Top 10 Construction Defects: Prevent These Costly Building Mistakes appeared first on UK Construction Blog. Key Takeaways Construction defects commonly stem from design deficiencies, poor workmanship, substandard materials and inadequate quality control, potentially reducing property values by up to 25%.
Burrows Professor Emeritus of Construction Engineering at Virginia Tech and is author of ConstructionEquipment Economics , a handbook on the management of constructionequipment fleets. His ideas and methods regarding the management of heavy equipment are, in my opinion, the gospel for the industry.
If you’re the owner of a construction or trade business, chances are you’ve asked yourself what it takes to be successful in this field. But there are some key elements every construction business should have in place to ensure they stay on track and continue growing. You can also avoid costly mistakes in the future.
MCM is a CPA firm with a team of accountants dedicated to construction accounting. Construction markets remain competitive, so it comes as no surprise that construction companies have to be at the top of their game throughout a project. Not Keeping Up with Technology and Construction Software. Ignoring the “Other Guys”.
Capturing accurate equipment information is a challenge that many contractors face. Data collection and analysis has traditionally been a manual process, and many times information would slip through the cracks leading to equipment being poorly maintained, overused or even retired before necessary.
The following is an outline of basic Construction Cost Audit Fundamentals when reviewing a construction cost estimate and conducting a construction cost audit. Construction Cost Audit Fundamentals. Regular audit are mandatory for any LEAN construction planning, procurement, and delivery implementation.
21 New Integrations for Autodesk Construction Cloud Construction companies produce an immense amount of data every day; but are firms actually leveraging this goldmine of insights? Today, only 20% of construction firms identify as data leaders, with the remaining 80% reporting either beginner or emergent levels of data capabilities.
2020 Guide to Construction Cost Estimating provides a road map for applying best management practices necessary to drive financial visibility and transparency. Locally researched detailed line item unit price construction data provided the highest level of verifiable and transparent information. Equipment Costs.
The post How to Choose the Best Public Liability Insurance for Your Construction Business appeared first on UK Construction Blog. Choosing the right public liability insurance for your construction business is crucial for protecting your company against unexpected claims and financial losses.
In today’s construction news , read about how having constructioninsurance is crucial for construction enterprises since they confront numerous dangers. Constructioninsurance covers a variety of claims, including customer injuries, employee lawsuits, incidents involving company vehicles, and others of a similar nature.
Pushing Home Building Toward Off-Site Construction Founded in Ireland in 2015, Entekra launched its U.S. The company debuted its first home in August 2017, and its prefabricated panelized construction systems promised to be a game-changer for the residential construction industry. operations in 2016 in Ripon, Calif.,
Between the potential for accidents and injuries on the job site and the risk of lawsuits, it’s important to have insurance to protect yourself from financial losses, but what kind of insurance do you need? Here’s an overview of the most important types of insurance for contractors. General Liability Insurance.
The post How to Start a Construction Company in 2025: A Complete Step-by-Step Guide appeared first on UK Construction Blog. Essential startup requirements include legal registration (50-150), comprehensive insurance coverage (2,000-5,000), basic equipment (15,000-50,000), and sufficient working capital (20,000-50,000).
We organize all of the trending information in your field so you don't have to. Join 79,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content