The Guide has highlighted five key COVID-19 issues facing the
Global Construction sector, namely:
1. solvency of contractors & suppliers
2. liquidated or delay damages
3. ongoing disruption and pressure to increase productivity
4. contract administration and assessment of contractor
claims
5. negotiation or risk of increased adjudication and litigation
No matter where the contracting parties appear in the supply
chain, managing these risks will be key to the ongoing ability of
contracting parties to deliver projects in a timely manner and on,
or close to, budget. Ireland has experienced a longer and more wide
reaching impact from the COVID-19 lockdown than the UK, or indeed
than was suffered in continental Europe. The full impact of the
closure from 20/26 March 2020 until 18 May 2020 is, as yet,
unknown. Unless the Project fell within a COVID "essential
services" exclusion, it was essentially curtailed.
