June 2024

Financial Management – Key Strategies Contractors Can Employ In Periods of Elevated Interest Rates

Interest rate changes directly impact construction companies in a variety of ways, beginning with the affordability of borrowing and availability of financing. To battle these uncontrollable headwinds, planning can save construction companies time and money—especially in the current environment of elevated rates.

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Safety Watch – Internal Traffic Control Plans Offer Protections To Work Zone Crews During Paving Operations

With their constant movement of heavy equipment and workers on foot, road paving operations are dynamic worksites that can experience struck-by hazards if crew members are placed in the “zone of danger.” To minimize such risks and injuries, employers must maintain proper safety protocols such as internal traffic control plans and training. Supervisors and managers must also closely coordinate with other labor trades and suppliers onsite operations as shown in the decision in Secretary of Labor v. Master Construction Co. Inc.

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