Union Specialty Contractors Urged To Seek Additional Pay for Pandemic Costs
Business Tools
On: August 17, 2020 | By:
Studies by key union specialty contractors indicate that COVID-19 has turned their projects into money-losers and that firms must seek and receive additional payment via change orders to prevent a wave of company failures.
The consecutive surveys, published in May and late July, averaged the pandemic cost effect on scores of electrical, sheet metal, HVAC and mechanical contractors, finding about an 18% pandemic-related impact from reduced productivity and added expenses.
Read more in the link below.
Back to Demolition Insights Home