Contractors Need to Evolve Construction Risk Management Practices

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FMI has once again collaborated with AGC’s Surety Bonding and Risk Management Forum to capture contractors’ perceptions of risk and opinions on how the U.S. E&C industry will change in the coming years. Specifically, what industry sectors and trades are most likely to undergo fundamental disruption; how businesses are innovating today and the top risks they face; and ultimately, how these industry trends will impact E&C risk management in the future.

Key findings include:

  • 88% of respondents had encountered risks related to shortage of craft workers and 67% had encountered risks related to the shortage of field…

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