The coronavirus crisis: What does it all mean?

By Dave Rogers, Yolande Barnes and Simon Tolson

Germs---coronavirus---shutterstock_1620672310

Source: Shutterstock

The implications of covid-19 for construction, housing and legal

As shares crash, firms are left with difficult choices

Dave Rogers

Chief executives such as Balfour Beatty’s Leo Quinn and Galliford Try’s Bill Hocking have said they have instructed teams to pore over contracts and find out how much they are liable for.

Hocking told Building last week, before the crisis intensified further, that his firm was insisting on force majeure clauses in new contracts before it would sign them. And if clients declined? “We are going to have to make a decision.”

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community