Elizabeth Charnowski and Carl Pebworth | Faegre Drinker Biddle & Reath The COVID-19 pandemic has caused cost overruns and project delays that construction owners and contractors could have never imagined before 2020. These unanticipated circumstances can create contract application and interpretation challenges for the unwary construction partner. For example, even if a prime contract expressly… Continue reading Change Orders During the COVID-19 Pandemic — Managing Unexpected Construction Costs and Time Overruns
Tag: Project Cost Overruns
Who Will Bear the Risk and Cost for Coronavirus Construction Delays? A Contractual Analysis.
Peter Strniste, Jr. | Construction Law Zone As the Coronavirus spreads across the globe, its impact continues to disrupt many industries, including construction. Over the last twenty years, the construction industry in the United States has substantially increased its reliance on China as a supplier for all types of construction materials including electrical and lighting… Continue reading Who Will Bear the Risk and Cost for Coronavirus Construction Delays? A Contractual Analysis.