When prevailing wage requirements dictate 37% of federal construction budgets, why do 68% of contractors still face compliance penalties? This regulatory framework, designed to ensure fair compensation, has become a labyrinth of misinterpreted classifications and outdated wage determinations. Let's unpack why this system keeps project managers awake at night.
When 43% of manufacturing downtime stems from preventable equipment failures (Aberdeen Group, 2023), why do serviceability targets remain elusive for 68% of enterprises? The disconnect between maintenance ambitions and operational reality reveals systemic challenges that demand urgent attention.
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