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What Construction Contractors and Owners Should Do, Today, to Prepare for the Possible Effects of Coronavirus on Projects

March 12, 2020 By EMI

This is a guest post written by Diana Parks (partner at Dorsey & Whitney) and  Ross Eberlein (an associate at Dorsey & Whitney) and was previously published here of the Dorsey website.

Coronavirus on Projects

As novel coronavirus has spread from China to Europe, the United States and around the globe, it has begun to have a debilitating impact on world markets, manufacturing, distribution, supply chains, and the workforce in general. It seems only a matter of time before COVID 19 directly affects U.S. construction projects. What can we, in the U.S. construction industry, do to prepare for its effects and mitigate the potential harm to our people and our projects?  The ultimate solutions may be complex, but there are some simple, initial steps, that construction contractors and owners should take to assess and bolster their ability to deal with the potential impact of an outbreak.

[Read more…] about What Construction Contractors and Owners Should Do, Today, to Prepare for the Possible Effects of Coronavirus on Projects

Filed Under: Blog, COVID19, News and Events Tagged With: Call Your Broker, construction industry, Construction Projects, Coronavirus, Coronavirus on Projects, COVID 19, Effects of Coronavirus on Projects, Force Majeure, Owners and contractors, Prevention, Problem Solvers, Suspension Rights, Talk to the Lender

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