Preparing for the Impacts of COVID-19
It is expected that the COVID-19 pandemic will have a profoundly widespread and continuing impact on the construction industry. With its lengthy international supply chains and carefully choreographed fieldwork, differential impacts among the trades could magnify the impacts of project slowdowns and suspensions. McAlpine PC is closely monitoring the situation to ensure that we are able to provide our clients with the most up-to-date advice. We are evolving legal strategies which address the entire realm of complex issues our clients are likely to encounter.
This Webpage will be continually updated as events unfold. McAlpine PC has helped our clients through dramatic changes like 9/11 and widespread disasters like hurricanes and earthquakes. While this pandemic is unprecedented, we have learned that with thoughtful preparedness and calm reasoning, we will be successful in helping our clients through this crisis as well. Let us know if we can help.
There are a number of insurance products which may provide coverage for business losses due to the COVID-19 pandemic. Your policies should be carefully reviewed with your broker and attorney to be sure appropriate notices are given timely. Read More.
Your surety will want to know that you have a plan to complete the project. That plan should include using all appropriate contractual means to limit your, and your surety’s exposure.
Given that as much as 30% of construction material in the US originate in China, most projects are likely to experience shortages and cost increases. Having a strategy in place is essential to managing the risk.
Trade labor was already in short supply; the COVID-19 will make it worse. Whether trades trickling back following illness or the inevitable release of restrictions, you must have a plan in place to continue or resume work.
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The best way to get guidance on your specific legal issue is to contact a lawyer.