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Is your construction project at risk for delays or damages because of the coronavirus?

from The National Law Review

The construction industry in the United States relies heavily on foreign suppliers and manufacturers of goods for construction materials, including steel, millwork, electrical and lighting equipment, plumbing fittings and fixtures, flooring tiles and HVAC equipment. With many companies closed due to quarantines, production lines have stopped, shipping containers remain in their ports, and there is no transportation of goods from these affected areas to the United States. In the coming months, contractors may have to find alternate, and likely more expensive, sources of goods and materials which could lead to project cost overruns. These supply chain issues are also likely to cause project delays which could lead to potential claims by owners for the delay, including liquidated damages claims. more

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