Anyone watching what has happened in Houston, and what is
predicted to happen in Florida, immediately thinks about the safety
and well-being of those affected by Hurricanes Harvey and Irma.
Once the rain stops, the water recedes, and the aftermath of
destruction is assessed, both areas and their residents will be
looking at a long road to recovery, much in the same way as New
Orleans in 2005 (Hurricane Katrina) and New York/New Jersey in 2012
(SuperStorm Sandy). Among the many challenges that lie ahead,
owners and contractors of existing projects, whether in Houston,
Florida, or in other parts of the country, as well as those
involved in new projects to rebuild, must take steps to assess the
impacts and identify their contractual rights and obligations. For
those in Houston and Florida, this will no doubt mean working
closely with their insurance carriers to recover project related
losses. For those in other parts of the country, contracting
parties need to assess the