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OP-ED: Getting paid during the pandemic and beyond
Important Contract Provisions for Subcontractors and Suppliers
Vanessa Triplett Kuchulis
The pandemic has created extraordinary challenges for Pacific Northwest businesses, and the construction industry is no exception. With project closures, the addition of rigorous safety requirements, and supply chain disruptions, construction projects may be facing more uncertainty in the near future.
In particular, the costs associated with reduced workforce availability, scheduling limitations and changes in material pricing and accessibility are forcing owners to put projects on hold, or worse, terminate them. Owners of projects that are able to move forward are having to seek out increased funding to offset the unexpected costs driven by a paralyzed national economy. Subcontractors and suppliers are particularly at risk: without direct contracts with owners, those further down the supply chain are most impacted by reduced or delayed payme