Construction Projects And Disputes: A Look Beyond The COVID-19 Lockdown, Part II

INTRODUCTION

With respect to the construction industry, the short-term eco­nomic devastation of COVID-19 has consequences for indi­vidual projects and capital programs, as well as the demand for engineering and construction services. All of this must be considered in the face of a dynamic and changing backdrop. It is becoming increasingly clear that the impact of the pan­demic will continue to be felt once lockdown measures are relaxed and goods and services are remobilized and deals are rekindled. In addition, many governments are easing restric­tions gradually rather than directing a full and complete end to lockdown status, eliminating any hope of an immediate return to the way things were. Further, how owners and contractors respond to the easing of restrictions may themselves be the source of claims. Simply put, the impact of COVID-19 on the construction and engineering industry does not have a speci­fied substantial completion date.