Construction business leaders now know that COVID-19 will impact nearly every construction project for the next year or longer. Plenty of articles identify the litany of issues, legal and practical, contractors face. But remember, the primary business of a construction industry firm relies on its people:
mployees, industry partners, owners and stakeholders. Without them, bids are not won, work stops, no projects are turned over and earnings evaporate. Here are suggestions from a legal prospective to improve business owners’ communications with their contractors and partners to collectively navigate this new, shared experience.
1. BE INFORMED BEFORE COMMUNICATING
Identify and thoroughly assess applicable government orders and guidance (federal, state and local) and how they apply to the company’s ongoing projects. For ongoing projects affected by the government orders, analyze all applicable contractual terms.