Construction

The construction industry may be exposed to significant cost overruns related to project delays and penalties due to adverse weather.

Examples of the most common weather risk factors are:

Temperature: Concrete work, paving, wall construction, and paint jobs can only be done when temperatures range between 5 and 25 degrees. Excavation jobs cannot be done in permafrost conditions.

Rain: External painting cannot be done in wet conditions. Structural work or excavation activities are often delayed by rain.

Download sample calculation for the construction industry