The Construction Industry and Coronavirus Vaccine

Construction Industry and Coronavirus Vaccine

It’s good to be king. But if you aren’t royalty, being an essential worker is right up there. We may never be able to adequately thank medical professionals for their sacrifices in 2020. Prioritizing them for 2021 COVID vaccinations is one way.

21 million healthcare workers and 3 million residents and staff of long-term care facilities receive the first limited supplies of COVID-19 vaccines during what’s known as Phase 1a of distribution. But essential workers were presented as potential recipients in the next tier, Phase 1b…CDC Plan

Construction industry essential workers are likely next in line. This can be a blessing for project managers or a bane for individuals that don’t want the vaccine. Either way, it will need careful consideration before implementation.

Can the Construction Industry Require Vaccination as a Condition of Employment?

In October 2020, the Associated General Contractors of America lobbied President Trump and now President-Elect Biden to implement a national plan for the construction industry distribution of coronavirus vaccine.

Construction industry contractors are already scrambling to enforce distancing and exposure tracking – and thanks to technology, this is possible. But can a construction industry project owner or contractor require coronavirus vaccination as a condition of employment?

Legally, probably not. The jury’s still out, so to speak.

Some attorneys recommend contractors be “aggressive” in encouraging vaccination by offering free jobsite inoculations during work-hours. Mandating medical personnel receive the coronavirus vaccine may be considered necessary and it makes sense. “You can’t operate a hospital with half your staff is infected,” said attorney Kevin Troutman.

You can’t build hospitals when half your construction workforce is infected, either.

Essential Business Information for Essential Workers

When Construction Monitor data professionals enter construction project leads into our database, the basic information – building permit applications – becomes usable, relevant analyses for your organization. It takes us several hours to refine and customize the information into what you need.

We do that for every subscriber. It saves you time and time is money. Most importantly, you can use that information to develop connections, leads, and make money. Contact us today.

9 Tips for Getting Your Contracting Business Through COVID-19

Contracting Business

The National Law Review offers this piece of advice for your contracting business: Get it in writing!¹ That’s especially true during the coronavirus pandemic that is threatening our nation’s population and economic health.

Coronavirus vs. Your Contracting Business

This situation is here and now. It changes every day, so if you had an optimistic 5-year plan for your organization, toss it away and get ready to move quickly. 

Here are 9 tips to get your contracting business through COVID-19:

  1. Be proactive – If you’re silent, clients and employees become extra-nervous. Communicate with emails and online how you’re managing this event. Share due diligence efforts and business recovery plans.
  2. Communicate early – By now you should have reached out to all project stakeholders to review terms of performance, timelines and costs. Strive to keep projects alive and get everything in writing.
  3. Consider mobility implementations – If administrative and back-office personnel can work from home, consider making the move to a mobile workforce.
  4. Contract modifications – Every project contract you have in the works needs to return to the table. Try to recover or offset rising costs.
  5. Coronavirus impact – The time to “wait and see” is past. Your contracts should have included “excusable delays” or “force majeure” clauses. Provide notice to all contract-holders how coronavirus has impacted contract deliverables, including supply chain issues. Cite all time/performance delays, real and predicted.
  6. Cybersecurity – If administrative people will be working from home, you may need to upgrade cybersecurity and educate them about not compromising confidential information.
  7. Prepare for new workplace safety requirements – Your employees will need masks and/or gloves to reduce virus cross-contamination.
  8. Put it in writing – Document every communication, every delay, every challenge… If you weren’t the kind of person to keep a “diary,” you need to start. Others are depending on you to show diligence in trying to salvage work.
  9. Update policies for paid days off/sick days – This is going to be a tricky area. Employees must not be “punished” for staying home when sick, but your guidelines must also be reasonable. Consult with HR and/or legal professionals to revise employment terms.

Construction Monitor is Here for You

What’s happening now is temporary, but it will change the way we do business forever. Your contracting business can prepare for growth, even while time seemingly stands still. Call 800-925-6085 or contact us to learn more about using construction data reports.

We wish continued good health for you and your company.

What Does COVID-19 Mean for the Construction Industry?

construction industry

By April 10, 2020, the Associated General Contractors of America revealed more than half of the construction firms in the United States had stopped work and 40 percent had laid-off employees, due to the coronavirus pandemic. 74 percent are seeking loans using the new Paycheck Protection Program.

In one week’s time, the number of canceled projects more than doubled. Shortages, including personal protection (masks) and construction materials, were reported; a small percentage of contractors reported equipment shortages.

“The construction industry is ready to rebuild our economy,” said AGC CEO Stephen Sandherr, “But that can’t happen without strong federal support and investments.”

EPC Contracts Will – or Won’t – Protect Construction Firms

Projects that aren’t being abandoned will need to return to the table for renegotiations, but not quite yet. No one is able to predict when our country will return to nearly normal.

All bets are off regarding future market shifts. No one can recall dealing with anything like this. Ever. Every industry in the world has felt the impact of COVID-19.

Most project developers feel as if we’ve gone far beyond standard “force majeure” language in construction contract terms. “Contractors will likely re-think whether traditional exclusions for relief are acceptable,” said law firm White & Case.

EPC (engineering, procurement, construction) projects have been scuttled due to government-imposed regulations. Cities, state, and federal shelter-in-place requirements may impact force majeure unless there are changes in law; specifically, changes in the language of some laws. Contracts between construction firms and developers and stakeholders/investors will come under close scrutiny.

Recovery is Guaranteed

We’re Americans. We always come together in times like this and we will come back better for it. Try to avoid hard-and-fast business decisions based on economic advisories. However…

After examining the numbers – coronavirus and economic trends – here are what equity analyst Preston Caldwell and CFA Karen Andersen suggest:

  • Restrictions will begin lifting in June 2020.
  • Social distancing measures will return as the virus resurfaces throughout the year.
  • The dire predictions regarding long-term economic disruption are incorrect.
  • Fiscal stimulus should prevent a collapse in demand.

“Overall, we still expect a modest long-run economic impact, with GDP down 0.9%,” said the researchers. “In our view, a COVID-19 recession doesn’t fit the mold of a 2008-style recession with longer-lasting economic impact.”

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Use this time to prepare for a construction industry economic upswing. And stay connected with us. Construction Monitor is the construction industry source for applied building permit information. Call 800-925-6085 or contact us today.

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