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Construction is a beast of an industry–high-risk, hazardous, and highly competitive. Relying on contractor and sub-contractor inputs is a challenge, but add safety and health to the equation and it makes the load even tougher for any construction professional.
Contract management in the context of occupational safety and health is one of the most critically important aspects of managing any construction site. For example, contractors and their sub-contractors can bring a host of bad safety and health habits or poor standards to a construction site, which can greatly increase the site’s risk profile.
One way to manage that potential risk is by having tight contracts with clients and contractors alike that stipulate safety and health requirements on a given site in clear, express terms.
Here’s an overview of some of the most common obstacles to effective contract management that exist in the American construction industry:
There are a host of reasons why contract management software can be so beneficial for a large-scale construction company. These include:
There are other important reasons why contact management software can be beneficial in your contract lifecycle management (CLM), including:
The US construction industry continues to lag behind other industries regarding digital documentation. A 2016 McKinsey study mentioned, “[While] the construction sector has been slow to adopt process and technology innovations, there is also a continuing challenge when it comes to fixing the basics. Project planning, for example, remains uncoordinated between the office and the field and is often done on paper.” The study concluded that digital contractor management was an effective means of ensuring improved project planning.
A digital-paper mix may be a needed compromise that both facilitates access to real-time safety data and recognizes the limitations of being on-site. Ultimately, a digital depository will undoubtedly improve a construction company’s management of its various contractors by providing three things in particular:
Relying on physical paper trails can be especially problematic in the lifecycle of contracts. Even emailing, reviewing, scanning, and sending back contracts can be time-consuming and inefficient. A contract management system based on e-signatures can execute contracts faster. They are legally valid and can accelerate contracts.
The construction industry may be notoriously slow at adopting new technologies but that doesn’t mean your construction business needs to be. Contractors should be an asset on a construction site, not a liability. Challenges will continue to exist in the US construction industry, but none should be at the expense of construction worker safety and the effective oversight of safety and health risks on a site.
ConvergePoint’s Contract Management Software is a secure, robust platform that allows you to be more efficient in your contractor management. Accessing, reviewing, and updating your contractor-related policies and procedures has never been easier than with our software.
After investing time and resources creating these policies, make sure employees read, understand and apply them to their daily job responsibilities! How? Read the Guide on How to Ensure Employee Accountability & Compliance through Effective Policy Management.
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