High-risk industry faces a multitude of challenges that threaten project delivery, safety standards, and profitability. Industry experts consistently identify five critical areas of concern for high-risk contractors: severe labor shortages, rising material costs and supply chain disruptions, increasing insurance premiums and coverage limitations, heightened safety and regulatory compliance requirements, and evolving cybersecurity and technology risks. Among these formidable challenges, workforce shortages have emerged as the most pressing and far-reaching issue, fundamentally reshaping how contractors approach project planning, resource allocation, and business strategy.

The Crisis Defined

• Hiring and retention risks remain the top concern for the US construction industry, with more than half of contractors intending to increase staffing levels despite workforce challenges.
• The Associated Builders and Contractors (ABC) predicted the industry needed 439,000 more workers in 2025 alon
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