Theft of building materials, tools and machinery costs the construction industry between £400-800 million per year, depending on which research and methodology we refer to. Either end is likely to be a low estimate as the studies only take reported crimes into account. Unfortunately, the recovery rate for stolen construction site equipment and materials is so low that much goes unreported. It’s also common. So common, in fact, that theft and vandalism are often simply considered inevitable costs of running […]
