The coronavirus crisis: What does it all mean?

By Dave Rogers, Yolande Barnes, Simon Tolson

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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.”

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