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Studies show that a $5 ream of paper–after storage, copying, printing, postage, disposal, and recycling–uses roughly $155 in indirect costs.

10,000

With the average o�ce worker using roughly 10,000 sheets of copy paper a year, these costs add up quickly.

According to Statista, construction spending accounted for $687 billion in 2014, with roughly $34.35 billion going to rework. With over $1 trillion of construction

spending in 2015, and that number growing every year, rework could cost firms over $50 billion in 2016.

THE COST OF REWORK

WHAT CAUSES REWORK?

The direct cost of rework typically averages about 5% of a construction project budget.

Drawings, specs, submittals, RFIs–whatever the information, paper gets outdated fast. With plans changing constantly throughout a project, team members may be working

off of outdated information. And that means rework.

$687 billion

$1 trillion

2014 2016

REWORK

$50.0BILLION

REWORK

$34.35BILLION

Causes of construction rework:

are change-related are error related other

37% 13%

The main causes of rework and their average monetary weight per job

Engineering & Review 60%Human Resource Capability 21%Material & Equipment Supply 15%Planning & Scheduling 4%

WHAT ARE THE POTENTIAL CONSEQUENCES?

Between 2010 and 2011, the percentage of engineering and construction companies with lawsuits in excess of $20 million increased from 17% to 37%.

Eliminating paper waste and streamlining operations can reduce rework and boost quality standards. Astronomical litigation costs and a greater exposure to lawsuits,

means keeping your project in check is more important than ever.

17%

37%2010

2011

of construction/engineering firms were the most likely industry to add an outside counsel roster.42%

of companies reported spending more than $1 million on litigation; up from 53% in the previous two years.71%

$5 = $155

50%

Paper WeightsHow Eliminating Paper Waste

Can Save Your Business

Incorporating lean practices can:

boost efficiency eliminate waste reduce the cost of rework

increasing your profit margin and ultimately giving you a bigger paycheck

When it comes to your bottom line, there is little to no wiggle room. From printing costs to rework to litigation–the real cost of paper can be astronomical. Find out why paper should

be a thing of the past and how you can eliminate the paper weight from your business.