The Coronavirus has been the subject of an extraordinary amount of media coverage since the start of 2020. As we approach the end of the first quarter of the year, its impact on local and global economies and our way of life cannot be ignored. This Alert will provide the construction industry with guidance and recommendations for navigating commercial risk resulting from the Coronavirus pandemic.

The potential impacts of the Coronavirus to the construction industry are wide reaching. Consequences on a project site can include quarantines or other governmental actions resulting in impacts to the project work force. Offsite impacts can cover a much broader scope of issues including labor shortages at factories of manufacturers or fabrication facilities, resulting in production delays, transportation embargoes causing project supply issues, or governmental actions which inhibit manufacturing and production causing supply chain shortages and inabilities to service existing demands. So, what can contractors facing such impacts do to avoid losses, mitigate the impacts, and prepare for what’s to come?

Reprinted courtesy of Peckar & Abramson, P.C. attorneys Levi W. Barrett, Steven M. Charney, Warren E. Friedman and Christopher B. Kinzel
Mr. Barrett may be contacted at lbarrett@pecklaw.com
Mr. Charney may be contacted at scharney@pecklaw.com
Mr. Warren may be contacted at wfriedman@pecklaw.com
Mr. Christopher may be contacted at ckinzel@pecklaw.com