Contracts for Construction and Engineering Projects
Page 377
CHAPTER 29
Construction disputes after COVID-19 – jaw-jaw or war-war?
Construction disputes after COVID-19 – jaw-jaw or war-war?
129.1 Introduction
The rapid spread of COVID-19 in early 2020 transformed economic life around the world. Many construction projects saw massive impacts ranging from complete shutdown in some countries to stringent new work health and safety regulations required as a consequence of “social distancing”. Virtually every project was subject to delayed performance and increased costs. There will inevitably be many disputes as to which contracting party is to bear the time and cost risks that eventuated. In this environment, the availability and suitability of appropriate methods for resolution of international construction law disputes will undoubtedly receive increased scrutiny.