June 19, 2020

How will clients approach contracts post-pandemic?

While contractors and their legal advisers try to work out how the COVID-19 pandemic and the associated mandatory project shutdowns will affect future jobsite operations and profitability, it’s worth looking ahead to what kind of contract terms construction companies could face in the future.

It is every party’s responsibility to protect their own positions, so how might owners change their preferred contract delivery methods or, at the very least, the terms to help them decrease risk and maximize flexibility?

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