Tag: risk
-
Veriforce Acquires Highwire to Expand Contractor Risk Management Capabilities
Veriforce has acquired Highwire, a U.S.-based provider of contractor prequalification and risk management solutions for the construction and capital projects sector. The deal expands Veriforce’s reach in industries such as data centers, life sciences, advanced manufacturing, and healthcare, while combining Highwire’s construction-focused platform with Veriforce’s global safety and compliance expertise. Together, the companies now support…
-
In pictures | Over 100 historic buildings at risk saved this year
“The best way to protect our buildings is to reuse them, turning them into places of local connection and joy. The sites that have been saved and have come off the register this year really highlight the benefits of working together in partnership, and with communities, to create positive, sustainable change. Together we can safeguard…
-
Council tax could soon be doubled — but which homes and which areas are most at risk?
Homeowners in the top council‑tax bands could see their bills almost double if proposals being considered by the Treasury and the Institute for Fiscal Studies (IFS) are adopted. The plan, which would target bands G and H, might raise around £4.4 billion a year, with surging house prices widening the gap in the current, 1991-based system.…
-
When Safety Tech Backfires: Why Over-Engineered Systems Can Put Construction Workers at Risk
Busy constructions sites are a gauntlet. In any given shift, workers may have to navigate between excavators swinging loads, delivery trucks reversing into tight spaces and forklifts moving heavy pallet loads back and forth. In these high stakes environments, safety systems are deployed with the very best of intentions – preventing collisions, protecting pedestrians and…
-
The UK cities most at risk from leaky gutters this autumn
As autumn weather sweeps across the UK, keeping gutters clean has never been more important. Homes with blocked or poorly maintained gutters are at higher risk of leaks, damp, and water damage, and new data shows that where you live can make a big difference in how vulnerable your property is this season. The latest…
-
Reducing Risk Through Material Innovation
In Australia’s building sector, where weather extremes and harsh conditions can quickly wear away materials, risk management begins with wise decisions. Each crack, leak or flaw can potentially induce expensive delays and rework. Progressive builders are now minimizing those risks with material innovation making investments in materials that will last longer and perform better on…
-
Fire risk increased by poor solar panel installations, insurer warns
Homeowners are being warned of the dangers of hiring disreputable installers for solar panels, following a series of fires linked to the renewable energy source in the past year. Insurance provider AXA UK has published guidance for customers to help manage the risks associated with photovoltaic (PV) systems. According to the guidance, the common underlying…
-
Dismantling inclusion puts infrastructure at risk
Sri Kumar is president of Tennessee-based infrastructure and aviation consulting firm Connico. Opinions are the author’s own. Recent decisions to scale back affirmative action and disadvantaged business programs in infrastructure are already starting to tilt the playing field away from small businesses in aviation and transportation. For decades, these programs through the U.S. Department of…
-
AI Bidding Errors: Who Bears the Risk?
Introduction Artificial intelligence (“AI”) is rapidly making its way into the construction bidding process. Contractors now use AI-powered estimating software to perform quantity takeoffs and analyze costs with unprecedented speed. According to the drafting and engineering software giant Autodesk, estimating teams are increasingly using AI and automation, particularly for quantity takeoffs, cost forecasting, and speeding…
-
Blocked gutters risk £5k fines through abatement notices
Most people think of gutter cleaning as a forgettable household chore, but the stakes are far higher than a messy roofline. In the UK, neglected gutters that overflow onto neighbouring properties can trigger abatement notices, with fines reaching £5,000 for those who fail to comply. With autumn leaves and winter rain increasing the risk of…