[EP 130] What’s Next for Construction? – a post-pandemic look at what construction businesses & suppliers should have in their contracts Part 2

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Talking Law

Joanna Oakey, Aspect Legal

148 episodes

3 days ago

Joanna Oakey from Aspect Legal brings her decades of experience in law and in business to help provide smart legal tips for business owners and managers. Get educated on how you can protect your business from common costly mistakes that affect businesses in the areas of trademark, brand protection, intellectual property, contract law, employment law, dispute resolution and litigation.

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[EP 130] What’s Next for Construction? – a post-pandemic look at what construction businesses & suppliers should have in their contracts Part 2

Talking Law

22 minutes 43 seconds

3 years ago

[EP 130] What’s Next for Construction? – a post-pandemic look at what construction businesses & suppliers should have in their contracts Part 2

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We are back - this time with the second and last half of this must-listen-to two-part series. The uncertainty within the Construction Sector is top of mind for many at the moment. In this episode, Aspect Legal's Jelena Milanovic continues to discuss construction contracts in the context of Covid-19, She then drills into what a Force majeure clause is and what should they include, along with other clauses relating to the extension of time and delays and changes in the law.

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Episode Highlights:

* General impacts of COVID-19 on the construction industry
* Force majeure: What are they and What should they include?
* Extensions of time and delay
* Change in law clauses
* Final takeaways

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Jelena Milanovic on LinkedIn
Contact Jelena and book a call!
Relevant Episode:
[EP 129] What’s Next for Construction? - a post-pandemic look at what construction businesses & suppliers should have in their contracts Part 1
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Joanna:
Brilliant. Okay, wonderful. So we've talked about pricing, what I really like to talk about next is force majeure. Because I think this is a really misunderstood concept. And actually, I feel like many people in the industry and far outside of the industry, you know, perhaps don't even really understand what it means and how it's meant to apply. So can you talk about the force majeure clause and is the relevance of force majeure clauses within the building construction industry? And how do they usually appear in the contracts?
Jelena:
I mean, force majeure clauses were one of those things that were always in contracts, but no one really paid very much attention to them. Because, you know, they talked about things like wars and things like that, you know, as if that will have to happen, right? But then COVID-19 happened and suddenly everyone was scrambling through their contracts trying to see do we ha...