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Lexington, MA: ConstructSecure, Inc., a cloud-based mobile platform that empowers clients to make smarter risk management decisions, has announced the recipients of its prestigious safety awards. TECO ELECTRIC & MACHINERY PTE LTD has received the Platinum Safety Award . This award is presented to companies that register a safety score 95% or greater in the Safety Assessment Program administered by ConstructSecure.
“Platinum status is not easily achieved. TECO ELECTRIC & MACHINERY PTE LTD has demonstrated a remarkable commitment to implementing safety management systems resulting in exceptionally low incident rates,” states Garrett Burke, CEO of ConstructSecure.
The Safety Assessment Program reviews a company’s historic safety performance and current safety management systems. The platform normalizes data for vendor or contractor size and type of work performed.
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The program provides thorough, objective and consistent evaluation of company performance so clients can identify, monitor, and manage risk smarter. The results provide a strong indicator of how a vendor or contractor values safety and a reliable predictor of future performance.
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About ConstructSecure: ConstructSecure, Inc. is a global SaaS company. Our cloud-based and mobile platform empowers clients to make smarter risk management decisions. Proprietary algorithms, developed at an Ivy League University, leverage safety and financial indicators to accurately pre-qualify vendors. The data captured by our suite of integrated solutions ensures that our clients, and their subcontracted vendors, can more effectively and accurately identify, monitor and mitigate risk to reduce potentially dangerous and costly exposures. Our solutions go beyond solely meeting regulatory standards and approach safety and risk in a way that reduces the number of injuries, loss rate, EMR, defaults, and insurance premiums, and positively impacts the overall financial health of the company.