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Maxim Consulting Group
The New Horizons Foundation and ELECTRI International, the National Electrical Contractors Association’s foundation, commissioned this report assessing the productivity impact of the coronavirus (COVID-19) across the sheet metal and HVAC industry.
Before these findings were issued, no specific resource existed to help contractors quantify the cost impacts of lost productivity working under pandemic-driven protocols.
Data collection focused on two areas: mitigation tracking and productivity benchmarking. Key findings include:
- Based on data collected, 8.7% of hours available on projects are lost due to mitigation requirements. These include personal protective equipment management, cleaning and disinfection, access rules, and extra administration time.
- There is a 9.2% average productivity impact — time lost in installation labor — and an 8.7% mitigation impact on contractor productivity as a result of the pandemic, resulting in 17.9% productivity impact.
In addition, the report includes a roadmap to help members adapt to the new industry landscape. Companies with pandemic mitigation processes in place saw lower productivity losses.
This report also includes a new change order calculator tool to help determine the impact amounts.