Construction accidents happening at alarming rate
Original Article Summary
The vast majority (86%) of construction professionals have witnessed an accident on site that could have been prevented in the past year, research from SafeSite Facilities has revealed. This figure climbed to 95% for site safety officers, while 37% reported they had suffered an injury on site personally in the past year, although this figure […] The post Construction accidents happening at alarming rate appeared first on PropertyWire.
PropMatch Curated Analysis
Research reveals 86% of construction professionals witnessed preventable accidents in the past year, with safety officers reporting 95% incident rates. This highlights significant safety management risks for property developers and project stakeholders.
Investor Relevance
Property developers and managers face increased project risks through potential delays, higher insurance premiums, legal liability, and reputational damage from construction accidents. Poor safety records can also affect contractor selection and project financing.
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