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BNC Construction Industry Roundup



  construction industry Construction is about breaking new ground and building for the future. If you work in the industry, you need to know what is happening now. Here is a summary of the latest news stories.

Building deaths in New York City lead to a call for safety training. Construction Dive reports that New York City experienced no less than three building deaths during April. In response, City Council Robert Cornegy Jr. issued a statement on "the importance of implementing site security training mandates for local law in 196 of 2017, which will be a very important way to prevent future deaths like these." Crains New York company says the 2017 law requires new security levels, but the deadline for the latest phase has been delayed.

Construction costs are up. Chain Store Age reports that construction costs increased in 2018. According to a report by Rider Levett Bucknall, costs were 5.7 percent. In the New York metro area, the increase was 4.5 percent.

2019 sees new design trends. According to Construction Dive seven trends will shape commercial construction this year. These trends include the increased use of drones and other technologies to help workers, the growth of the modular construction market and the rise of Generation Z. In another look at the design development for 2019, this from Balance Small Business ] drones and modular construction also made the list.

The robots come. Drones and technology play a major role in the trends in 2019. Robots can become increasingly important in the near future. According to Robotics Business Review a new report from Tractica predicts that 7,000 robots will work in construction by 2025, with an estimated turnover of $ 226 million.

The contractor claims to be guilty. The US law firm for the District of Connecticut has announced that an entrepreneur has been guilty of a messenger and fraud prevention system. According to Construction Dive he is the second person who pleads guilty of $ 45 million. This is not the only case of fraud to shake the construction industry, and Construction Dive explains that many owners see the need to monitor contractors and subcontractors for unscrupulous behavior .

New York City's Green New Deal customer Mayor de Blasio has announced a plan to reduce emissions by nearly 30 percent by 2030. Construction Dive reports that the plan includes a ban on all-glass skyscrapers . It also requires the construction of community parks, updated building codes and other changes that would affect construction.

OSHA fines. OSHA awarded fines for security breaches during the first quarter of 2019. Construction Dive reports that fell played a prominent role in the quarterly list of infringements and confirm that the agency is still focusing on eliminating the dangers posing the most danger to construction workers . Another of OSHA's "Fatal Four" risks, those involving electric damage, took the top. At the same time, the OSHA penalties have increased.

As the construction industry is developing, its risks do. Make sure your building insurance is up to par. BNC insurance can help. Contact us for more information.


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