If you own or operate a construction site, you know that theft is a major and costly concern. In fact, it’s estimated that more than $2 billion in construction equipment and copper electrical components like tubing or wiring is stolen each year. According to the National Equipment Register (NER), heavy equipment theft has been on the rise the past couple of years with 11,625 thefts being reported to law enforcement in 2014.
The cost of being the victim of construction theft runs deeper than just the value of the items stolen. You also have to factor in the delays in work, the cost to replace materials and supplies, renting or replacing equipment and tools along with the increased insurance premiums you’ll have to pay going forward.
Many owners and developers have tried to ramp up site security by hiring guards—unfortunately, with minimal success. Not only is this an expensive method, but it can often be unreliable if guards fall asleep, fail to show up, or—in some cases—steal from the site themselves.
Fortunately, you have a better option—one that’s more economical and efficient, too: You can install a video surveillance system to constantly record every action on your job site and contact authorities if the presence of unauthorized persons or vehicles is detected. Many sites already use a combination of security and time-lapse cameras in addition to human guards, but continuous video monitoring with notifications and remote access is best.
The benefits and value of a video guarding solution are truly significant to deter theft and vandalism. Having video evidence may also help prevent employees from filing false worker’s compensation insurance claims or may help you prevail in a disputed case.
Remote video access can also help with site management. Users have the ability to access video remotely 24-7, making operations reviews and monitoring easier, cutting down on visits, and allowing you to view the progress of your project. “Smart” cameras use video analytics to identify and catalog activity for searching that’s as easy as Google.
A final benefit of having video site surveillance: A reduction in insurance claims will improve your risk profile and will, over time, lower your insurance costs. Your insurance agent may be able to utilize the higher level of protection to negotiate up-front discounts on your insurance premiums once the service is implemented.
One company in the Washington Metropolitan Area that specializes in job-site video monitoring is:
Ibrahim Sagatov, Business Development Director
M 571.419.7174 F 703.284.0348