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The impact of COVID-19 on construction contracts

19/03/2020

Since Monday, 16 March 2020, 00:00 hours, the Federal Act on Provisional Measures to Prevent the Dissemination of COVID-19 (COVID-19 Measures Act) has been in force. The ordinance based on it, Federal Law Gazette II No. 98/2020, prohibits entering public places unless an exception has been made. This may be to meet the basic needs of daily life or, where necessary, for professional purposes, provided that a distance of at least 1 metre from others is maintained at the place of work. Negative effects on the economy are now unavoidable; at best, these can be mitigated and subsequently eliminated by the COVID 19 crisis management fund. 

The complete article is available in German.

COVID-19 Kontakt

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