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ARTICLE · 04 APRIL 2020

COVID-19 and major infrastructure projects: managing the impact

Corrs Chambers Westgarth
Corrs Chambers Westgarth
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Corrs Chambers Westgarth

Corrs Chambers Westgarth

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Like every other part of the economy, the COVID-19 pandemic has a significant impact on major infrastructure projects.

AustraliaReal Estate and Construction

Like every other part of the economy, the coronavirus (COVID-19) pandemic is having a significant impact on major infrastructure projects.

These impacts vary by asset type, stage of the project and the role of a party involved. All stakeholders should take steps to understand and manage the issues relevant to them.

This will require a 'whole of project' assessment and an integrated approach across the full range of inter-related government contracting, construction, operations, financing and equity arrangements relevant to major infrastructure projects.

Informed positions can facilitate proactive and constructive engagement among stakeholders. They can also assist in reaching commercial agreement where there is insufficient time to strictly follow contractual processes.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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