Create a reliable SOW
Predict utility related change orders and nail down the perfect bid package for your bottom line
Flag ownership and stakeholder issues early in the early phases of the project lifecycle
Close out projects without cost-schedule overruns, building trust with the project's owner
General contractors use 4M to
Quickly assess upcoming projects and find the best fits for your team
Inspect utility data and sites remotely using independent data
Bid with cost-schedule certainty and precise contingency/overhead rates
Everything you need to know
Utility risk management consists of accepting, avoiding, and reducing unavoidable risks to and from utilities. It starts with mitigating risks to projects that entail breaking ground and ends with ensuring the safety of property, tools, and humans. Utility risk management reduces uncertainty about subsurface infrastructure, minimizes contingency costs, and enhances different kinds of protection.
Utility risk mitigation begins with listing every task and rating its associated risks. The next step is to assess different processes and controls and put a plan of action in place as soon as possible. Accessing accurate utility data, addressing information gaps through utility coordination, and using advanced utility mapping technologies are part of standard risk mitigating procedures.
The three types of risk mitigating controls are:
Best practices for developing a robust risk management framework are:
GCs shouldn't have to guess their utility risk
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