ELECTRI International Releases COVID-19 Construction Product
BETHESDA, Md., May 13, 2020 /PRNewswire/ -- ELECTRI International this week released Pandemics and Construction Productivity: Quantifying the Impact, a critical report on the impact of COVID-19 on cost and schedule in the construction industry. The report evaluates activity from January 6, 2020, to May 8, 2020, tracking pandemic mitigation activity, benchmarking productivity and assessing the impact on businesses and projects.
"While the federal government classified infrastructure as essential, many segments of the construction industry shut down completely in response to COVID-19," said Sonja Rheaume, Christenson Electric, Portland, OR, and ELECTRI Council Chair. "Our comprehensive study includes research data from NECA contractors, which highlights productivity and hours lost due to new social distancing, PPE guidelines and other pandemic-related factors. It will be a useful tool for contractors to measure these impacts on their projects."
The report aims to achieve three key goals: quantify the impact on jobsite productivity; provide a calculator for contractors to measure the associated impacts, and provide tangible information for pricing future projects. The research determined that the EC industry's response to coronavirus had a 12% impact on productivity, and that profitability was subsequently affected by up to 100%, depending on the percentage spent on labor. The findings provide substantiation for what will likely be billions of dollars in change orders across the construction industry.
The full report and the contractor calculator can be downloaded at www.electri.org/research. Additional resources are listed below.
Pandemic Change Order Calculator (how-to video)
ABOUT ELECTRI INTERNATIONAL
ELECTRI International – The Foundation for Electrical Construction was established in 1989 by the National Electrical Contractors Association (NECA), the voice of the $160 billion electrical construction industry responsible for lighting, power, communication and low-voltage, energy efficient and sustainable systems in buildings and communities across the United States.
ABOUT THE NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION
NECA is the voice of the $171 billion electrical construction industry that brings power, light, and communication technology to buildings and communities across the United States. NECA's national office in Bethesda, Md., and 118 local chapters advance the industry through advocacy, education, research, and standards development. Go to www.necanet.org for more information.
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SOURCE National Electrical Contractors Association