This current crisis has exposed challenges, created learnings and now shows us some NEW best practices moving forward. The question is, as we emerge from this what does the future look like? How will it change businesses? What needs to be improved? Will the industry execute differently and how?
This week's discussion topic "Risky Business"
Moving forward, there are some common risks now even more prevalent in a Post Covid construction world.
1. Default Risk - what happens if owners default on projects
2. Delay Risk - how do we determine or litigate on projects delays where Liquidated Damages are in play