FACTS

1. The theft of equipment and materials from construction sites accounts for $1 billion in annual losses and other costs for construction companies.
2. Due to theft, Companies have to pay to replace equipment or rent it in the interim to keep projects on schedule. There are other costs involved as well, not the least of which is the resulting downtime caused by the lack of availability of equipment or supplies.
3. Construction sites typically lack proper security and loss prevention practices. Studies have shown that security-related issues like these are among the leading causes of construction site theft:

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