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Associate Member Article

 

 

Impact of Covid-19 on Construction Contracts 

March 2020

Worries surrounding the supply of materials, shortage of labour and delays to projects are concerning much of the construction industry. In this article, we will take a look at how construction contracts deal with issues such as these and the steps you can take to mitigate risks. First Points Firstly, has your contract been modified? And if so, how? If a specific reference to pandemics or government action is included, where has the risk been placed? Given the seemingly limited likelihood of the country being shut down, this may be something that gained little attention during contract negotiations but will suddenly be more important.

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