Project delays may be nothing new but it's important to understand when they matter in a claims situation.
This year, the construction industry will surely reflect on the last two years as unparalleled times troubled by construction project delays. The COVID-19 pandemic contributed to the stoppage of work and the closing of construction projects worldwide in 2020. Then the end of 2021 brought additional delays caused by an unfathomable supply chain issue that affected construction materials. The disturbance these events had on project milestones and completion deadlines had clients asking who is liable for delays and how do contracting parties lessen the consequences from such unexpected and uncontrollable delays. This white paper reviews delay remedies and discusses recent case law.
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