The national response to the coronavirus pandemic has been overwhelming to the nation’s businesses. Entire states are enacting social distancing orders in hopes of arresting the spread of coronavirus, keeping employees at home to save them from the risk of illness or worse. Contractors should prepare for these dramatic disruptions by ensuring that their contracts adequately protect them from the ongoing shocks to the industry.
In the construction industry, force majeure clauses in contracts allocate risks and usually come into play as a result of weather-related events, labor strikes, or natural disasters. In this National Utility Contractors Association webinar, Shawn Farrell will discuss the use force majeure clauses and notice and suspension rights.