Business
Legal and Regulatory

Construction Contracts Need Amending Post-COVID-19 Shutdowns

COVID-19 is going to be here for a while. Contractors and owners need to amend contracts, as appropriate, to protect themselves from incurring unforeseen additional expenses. This should include a clause on when the project should be terminated or paused to protect the interests of both parties.
By Richard P. Higgins
August 13, 2020
Topics
Business
Legal and Regulatory
by Richard P. Higgins

Richard P, Higgins, CPA, is the managing principal of the New Jersey office of McCarthy & Company, a leader in construction accosting. Construction Executive included the firm on its list of Top 50 Construction Accounting Firms in 2019 and 2020. Rich can be contacted at (732) 341-3893 or Richard.Higgins@Mcc-CPAs.com.

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