Tool and Building Equipment Theft Lutz FL

TOOL AND EQUIPMENT THEFT IS A growing concern on construction sites. According to the National Insurance Crime Bureau, nearly $1 billion is lost each year nationwide due to equipment and tool theft. Moreover, a recent survey by toolmaker DeWalt found that 77 percent of jobsites have experienced theft up to five times each year, and both DeWalt and the NAHB report that residential jobsite losses account for an annual 1 percent to 2 percent increase in new-home construction costs.

Losing even one piece of equipment or critical tool has the potential to throw off a job's entire schedule, delaying work and possibly incurring penalties. Plus, there's the immediate cost of replacement. Luckily, the industry is waking up to the role theft prevention can play in maintaining productivity.

A variety of security and theft-prevention systems is now available, some developed specifically for the construction industry to monitor jobsites or monitor, track, and, in some cases, recover heavy equipment and tools. And a few power-tool manufacturers have recognized the need for security and theft prevention as well. Technologies in use run the gamut from infrared signals to radio-frequency identification and global positioning systems (GPS). Some systems are incorporated into individual tools and machines, while others work on a larger scale to encompass the whole jobsite.

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