As the entire economy has been hit hard by the outbreak of the COVID-19, also the construction industry is currently facing dramatic and disruptive challenges regarding financial pressure, labour shortages and supply chain issues.
In order to help our clients, we have produced a frequently updated, comparative guide over the impact the COVID-19 has on the construction sector across various jurisdictions. Please note that this analysis is based on our current evaluation and is a subject to further updates and amendments.
Please do not hesitate to contact us in case of any questions or comments or should you have any doubts regarding your contract agreements, before taking any decisions. We would be pleased to help you as in current situation, all the market players should consider how their decisions affect other businesses and therefore we all should try collaborate in achieving best results.
The information contained in this Expert Guide is for general purposes only and does not purport to constitute legal or professional advice from CMS or any other firm and as a consequence may not be relied upon.