Compliance can make or break your construction business. Depending on your location, see to it that you meet the compliance requirements set by governing authorities. The failure to do this can have serious repercussions, such as revocation of your business permit. To ensure compliance, read on and we’ll talk about some of the most important things you need to do.
- Mind Your Environmental Impact
In many countries, construction companies are expected to stick to the minimum requirements to ensure that their activities do not harm the environment in any way. For instance, proper dust control is necessary to avoid contributing to water and air pollution. Environmental permits are often issued before starting a construction project. If your company does not adhere to the standards set, the project can be compromised.
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- Provide Personal Protective Equipment
The use of construction personal protective equipment is mandatory in many places. Hard hats, coveralls, and steel-toe boots, among others, are some of the most common PPEs that construction workers should be wearing when doing their work. Stringent rules should be in place to make sure that everyone will follow. A supervisor should be assigned to oversee its implementation. The business should also follow the minimum standards for the PPEs to be used.
- Practice Proper Documentation
Documentation is one of the most important components of compliance in the construction industry. The business must have everything properly documented. Auditing bodies should have access to updated documents. There should also be back-up copies to minimize the negative impacts of potential data breaches. For proper documentation, construction companies should invest in the right software, which can also help the business go paperless.
- Leave No Room for Discrimination
Compliance is also possible by having no room for discrimination in your construction company. From hiring new workers to promoting current employees, avoid discriminatory practices. You can be sued for discrimination! It can also harm your reputation! Give equal opportunity to everyone regardless of their race, religion, or any other factor.
- Pay Your Taxes
Your state or country will dictate the tax obligations that your construction business needs to comply with. If you want to be compliant, pay your taxes on time. Late payments will incur penalties, which will represent an additional cost to your business. Work with a lawyer or an accountant to know more about the taxes you will need to settle.
- Prevent Bribery
The construction industry is prone to corruption, and bribery is one of the most common problems. It is so rampant that the authorities have set specific requirements and standards to prevent bribery. For instance, employees are prohibited from receiving gifts from suppliers as they can be construed as a bribe. Check the regulation in your country to see what constitutes bribery.
From minimizing negative environmental impacts to preventing bribery, the things mentioned above will help your construction business to be more compliant. Doing these things will lessen the chances that your business will commit a serious violation.