The Changing Risk Environment

Researcher(s)

Mike Clancy, Partner and Strategy Practice Leader, FMI
Matthew Minchew, Consultant, FMI
Dylan Szumanski, Senior Analyst, FMI

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Summary

Every HVAC and sheet metal contractor — and really, every contractor — is aware that construction is an inherently risky business. Failing to address the risks native to the construction industry has long been understood to have a downward pressure on industry profitability, as well as potentially more serious ramifications for the individual contractor. This paper seeks to address some of the core risks that have been facing sheet metal contractors for decades.