BEWARE: The Backlog Trap - Avoid Common Challenges When Picking Construction Projects

Chapter #1 Chapter #2 Chapter #3 Chapter #4 Chapter #5 Full Webinar Video

As the economy recovers from the Covid-19 pandemic and construction opportunities have dwindled in some work areas and boomed in others, many construction firms may have to expand into new areas in order to maintain backlog and grow revenue. This presents many challenges, even for the most seasoned construction firm.

Stan Halliday, Chief Underwriting Officer at Travelers, explores where good construction firms may go wrong when choosing certain types of new jobs. We look at how to avoid the risk creep that comes with volatile times. Stan also brings key insights from the Travelers Infrastructure Study and shows how to apply those learnings to construction projects of all sizes.