STUDY FINDS COVID-19 PROTOCOLS LED TO A 7% LOSS ON CONSTRUCTION PROJECTS
A new study confirms and quantifies what contractors across the country already know: Implementing COVID-19 safety preparations and protocols at jobsites has led to a decline in productivity, which is eating into their profits.
The report from New Horizons Foundation, the research arm of the Sheet Metal & Air Conditioning Contractors’ National Association (SMACNA), found that its members have taken a 17.9% hit to productivity since the outbreak began, resulting in a 7% financial loss, instead of profits, for the average project. It also found that over the course of an eight-hour day, the average worker lost 85 minutes dealing with COVID-19.