With every instance of theft or vandalization, there are not only the up-front costs to consider but also the lost time and productivity impact to consider.
Protecting your site from security threats is a must whether you’re a business owner, general contractor, construction manager, or superintendent.
Making sure your security measures are up to scratch is the best way of protecting against unexpected costs down the line.
So even if the cost of surveillance camera systems may seem unwanted at the outset, they deliver a solid return on investment time and time again.
Prevention of Theft and Vandalism
Construction sites almost always contain valuable equipment, tools, and materials that can be tempting targets for thieves and vandals. As statistics show:
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The loss from theft on construction sites is an estimated total of approximately $1 billion annually in the United States alone. (SOURCE)
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The average cost per instance of theft is $30,000. (SOURCE)
Implementing security measures such as surveillance cameras, security guards, and access control systems can help deter criminal activities.
By preventing theft and vandalism, you avoid the financial losses associated with replacing stolen or damaged equipment and materials. This saves you money on replacement costs and minimizes project delays caused by such incidents.
Reduction in Insurance Premiums
Insurance companies often consider the level of security measures implemented on a construction job site when determining insurance premiums.
By having adequate security systems in place, such as mobile video surveillance, alarms, and security personnel, you can demonstrate a reduced risk of theft, damage, and accidents.
This, in turn, may lead to lower insurance premiums, saving you money in the long run.
Avoidance of Project Delays
Construction job site security measures, such as mobile video surveillance, can help ensure that only authorized personnel can access the site. This prevents unauthorized individuals from entering the site out of hours and potentially causing accidents or disruptions.
Maintaining a secure environment minimises the risk of accidents, theft, and damage, thereby avoiding project delays. T
Timely project completion saves you money by preventing additional costs associated with extended construction timelines, such as labor and overhead costs.
Protection against Liability Claims
Accidents can lead to costly liability claims.
Implementing safety protocols and security measures helps create a safer work environment, reducing the likelihood of accidents and injuries.
You can avoid expensive legal battles, medical expenses, and potential fines by minimising accidents and their associated legal claims.
Construction job site security contributes to a safer workplace, protecting your workers and finances.
Read more on Improving Construction Job Site Health and Safety with Security Cameras
Return on Investment when Installing a Mobile Surveillance Unit
Implementing a mobile surveillance unit on a job site can provide a return on investment (ROI) by preventing theft and the associated costs.
Assessing current crime statistics versus the cost of implementing a WCCTV surveillance camera, we estimate that the average ROI of using our cameras is 400% per project.
This demonstrates the cost-effectiveness of investing in construction job site security measures.
Please note that the example above is illustrative and will differ from project to project, so discuss pricing for your projects and how we can help save you money, please get in touch.
WCCTV – Cost-Effective Managed Security Cameras for Construction Job Sites
Investing in construction site security measures can save money by preventing theft and vandalism, reducing insurance premiums, avoiding project delays, and protecting against liability claims.
We deliver a proactive, 24/7/365 service that deters theft from your site protecting your assets and preventing losses. It also reduces security spend by around 87% compared to a physical guarding presence, but with no compromise on quality.
We provide the highest quality security cameras, which we back with a fully managed service that covers equipment installation, video monitoring, maintenance, and ongoing technical support.
We can provide customizable solutions to accommodate any site. They can efficiently function whether you have power or are dependent on solar energy, and all of our units contain 4G LTE transmission technology allowing them to operate completely autonomously.
No matter your job site, we have a security solution for you.
Ready to find out how WCCTV's Mobile Surveillance Cameras can assist with site security? Get in touch today at 877 805-9475 or email sales@wcctv.com.
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