3 Ways Construction Companies Are Wasting Money
Why is it that in your personal life you take great care in protecting the money you earn? It's simple, IT'S YOURS! So why is it that when a building is being built there is so much waste? There are many ways that money is wasted but I'm going to highlight 3 areas where money is wasted and if you are in a Construction Management type of contract with pass-through costs, then this is going to infuriate everyone. 1. Electricity When you are at home you will sternly tell your kids to turn off the light, the t.v., the stereo, or whatever they leave on when they are not using it. On a construction site, you will see equipment left like scissor-lifts, or radios left on even if nobody is around. The temporary lighting is the worst culprit by far, they are a long string of lights (potentially incandescent bulbs, yes, contractors still use them) and they never turn off. There is no smart technology being integrated. There isn't even tracking of which sub-trade is u
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