Coronavirus (COVID-19) Pandemic is impacting construction projects globally. COVID- 19 has shut down projects; caused labor shortages; thoroughly disrupted supply chains for equipment and materials; and, even delayed mediation, arbitration, and litigation of construction claims. This webinar explores some key issues facing contractors and owners arising out of the COVID-19 pandemic and identifies cost and schedule damages being encountered on projects today. The webinar provides an overview of potential remedies and recovery of some project damages under construction contracts and explores how owners and contractors may be able to look to their insurance coverage as a form of relief from damages. Finally, the webinar offers recommendations on what can be done to mitigate damages on impacted or disrupted projects.
Join this session by expert speaker James Zack, where he will discuss what comes under Force Majeure events, implications of current Pandemic, and costs associated with it.
Session Highlights:
Learn what pandemics and Force Majeure or exceptional events are
What must be demonstrated when asserting Force Majeure or Exceptional
Events Explore the impacts of COVID-19 – work stoppages, labor shortages, disruption of supply chains, shortage of needed safety equipment and supplies, and the impact on dispute resolution mechanisms
Understand contractor and owner damages arising from this pandemic
Become aware of how to assess and recover COVID-19 damages
Be alerted to potential insurance coverage of such damages
Be exposed to how the recent Executive Order activating the Defense Production Act may assist some in getting through the ongoing economic downturn
Understand several currently unresolved issues arising from COVID-19
Receive some recommendations on mitigating damages caused by this pandemic
Why You Should Attend:
This webinar focuses on the COVID-19 pandemic and how it is and will impact global construction for the foreseeable future. It identifies the rising cost and schedule damages and explores ways and means owners and contractors may be able to mitigate such damages. The webinar also offers some thoughts on actions contractors should take in the face of this unprecedented challenge.
Who Should Attend:
You may ask your Question directly to our expert during the Q&A session.
** You can buy On-Demand and view it at your convenience.
James G. Zack
James is the Senior Advisor to the Navigant Construction Forum™. The Forum strives to be the construction industry’s resource for thought leadership and best practices on avoidance and resolution of construction project disputes globally. Formerly, he was the Executive Director, Corporate Claims Management Group, Fluor Corporation, one of the world’s largest EPCM contractors.
James was previously Vice President of Pinnacle One and the Executive Director of the Pinnacle One Institute and a Senior Construction Claims Consultant for CH2M HILL, Inc. Jim has, for more than 45 years, worked on both private and public projects throughout the United States and in 28 countries abroad. James is a Fellow of AACE, the Royal Institution of Chartered Surveyors, and the International Guild of Project Controls. In the construction claims field, he is a recognized and published expert in mitigation, analysis and resolution or defense of construction claims and disputes. James is a Certified Construction Manager (CCM), a Certified Forensic Claims Consultant (CFCC) and a Project Management Professional (PMP).