Becker & Poliakoff

“Contractors Prepare to Face COVID-19 Challenges for the Long Haul,” Construction Dive

“Contractors Prepare to Face COVID-19 Challenges for the Long Haul,” Construction Dive

Becker & PoliakoffConstruction Dive takes a look at how construction companies are adapting and coming to terms with the longtime implications of COVID-19. Construction Law & Litigation Shareholder Steve Lesser discusses how the pandemic has led contractors to read thoroughly through force majeure clauses in their contracts. “The cost of construction is now changing because of all these different precautions. Contractors are making COVID-19 claims as to owners saying ‘Hey, because of this pandemic it’s a force majeure event and I had to incur additional costs and expense.’”

Steve also discusses how contractors have been forced to do less with more saying, “Contractors are figuring out how to get by with much less, and a leaner workforce. Maybe they’re taking on more contract workers as opposed to employees where they have to provide health insurance and everything else. Maybe they’re better off taking on less overhead, and then supplementing it if they need.”

Click here to read the full article from Construction Dive.