Key Takeaways: The construction industry is loaded with a lot of preventable risks. Construction site theft is creating significant financial drains for companies with inadequate security measures. Preventing contract-related risks requires thorough reviews of key...
Key Takeaways Asset tracking software like GoCodes helps construction companies mitigate the risk of construction site theft. Drones and wearable safety technology can reduce safety risks. The use of BIM leads to cost savings, as it helps prevent construction rework....
Key Takeaways: Determine whether live or online auctions suit you better. Thorough market research helps you avoid overpaying or buying faulty equipment. If inspecting equipment in person is not possible, detailed inspection reports help. Settling a clear budget...
Key Takeaways Market demand and equipment availability affect the cost of construction equipment. It’s important to consider the total cost of ownership when acquiring new equipment. Some construction professionals don’t like buying used equipment due to concerns...
Key Takeaways Not knowing what equipment you have, or its condition can lead to poor auction decisions. Failing to conduct market research before auctions can result in unpleasant surprises. Overlooking pre-auction inspections increases the risk of...
