- Supply chain disruptions, material shortages, labor restrictions and payment disruptions – how will construction projects move ahead.
- Impact of the crisis on contractual arrangements between all parties, promoters/sponsors, clients, investors, designers, contractors and others in the supply chain. How are stakeholders engaging and will force majeure be enforced?
- Will project owners suspend or try to terminate construction contracts due to funding or other concerns or will they look to reposition their projects and how?
- Will lenders approve new loans or draws on existing lines of creditor will they restrict access to such funds / seek further security before extending credit?
- Impact on obtaining project approvals, acquiring necessary permits etc how will the municipalities adjust?
Watch now for more expertise and insights, and let us know what you think in the comments below.
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