Once a remote health issue in China, the rapidly spreading coronavirus (COVID-19) has become not only a global health concern but also potentially a global economic disruptor that could impact nearly every industry. The...more
3/18/2020
/ Business Interruption ,
Commercial General Liability Policies ,
Construction Contracts ,
Construction Industry ,
Construction Project ,
Construction Workers ,
Contract Terms ,
Coronavirus/COVID-19 ,
Force Majeure Clause ,
General Contractors ,
Health and Safety ,
Insurance Brokers ,
Insurance Industry ,
Lenders ,
Risk Mitigation ,
Subcontractors ,
Workplace Safety
When the discussions are finished, the negotiations are concluded, and the contract is signed, the real work begins on a capital project. Thousands of cubic yards of concrete, miles of wiring and pipe, and tons of steel—all...more