Tattletale com1/29/2024 Just as important, contractors should look for alarm systems that do not have a delay. What do building contractors need to consider then, when looking at security systems to protect against all three serious job-site security threats?Ĭontractors should look to security systems like the Tattletale® portable, cellular- powered alarm system with everything built in, so thieves have no wires to cut to allow them to break into and disarm the system. Security, therefore, needs to provide for all water events, including hurricanes, nuisance flooding, flash floods, and 100-year floods. make up almost one-third of direct property damage.Īccording to the National Flood Insurance Program (NFIP), floods are the number one natural disaster in the U.S. Also, while these fires occur most commonly in the afternoon and early evening, fires occurring between midnight and 4 a.m. Three of every four fires in structures under construction are in residential properties, causing added concern for home-building contractors. The National Fire Protection Association (NFPA) reports fires in structures under construction cause an average of $304 million annually in direct property damage, while those in structures under major renovation contribute to average annual losses totaling $104 million. Lesser known may be the extent to which fires and flooding impact job-site security. Unfortunately, there is no comprehensive database that provides statistics for construction theft alone (or the full gamut of theft), but contractors who have experienced it firsthand know the painful reality and potentially high cost. Protection against fire and water damage should also be a paramount security consideration to contractors working on slim profit margins in a highly competitive industry.Īccording to the National Equipment Register (NER) and National Insurance Crime Bureau (NICB), losses from construction and farm equipment theft are estimated to be between $300 million and $1 billion annually, with most estimates in the range of $400 million. COLUMBUS, Ohio-( BUSINESS WIRE)-Construction theft seems to be contractors’ biggest job-site threat when considering site security, but security concerns need to go well beyond theft alone.
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