Post Covid-19: ¿Nueva normalidad?

The "New Normal" in Post-Covid-19 Construction: Is Your Contract Ready?

The pandemic has brought with it a "new normal" that significantly impacts construction contracts signed before Covid-19. FRACTAL - Engineers & Lawyers, an expert consultancy in Project Management and Construction Law in Ecuador, analyzes the key challenges:

• Safety: Implementing biosecurity protocols will be crucial, especially in small and medium-scale projects where industrial safety is not always a priority.
• Liquidity: Payments for projects unrelated to health are likely to be delayed, especially in the public sector.
• Productivity: Efficiency will be affected, impacting deadlines and costs.
• Costs: Claiming financial compensation will be complex, both in the public and private sectors. Negotiation and mutual agreement will be fundamental.
• Deadlines: Extensions of time (EOT) will be necessary. It is vital to document delays and agree on new schedules that reflect the post-pandemic reality.

FRACTAL - Engineers & Lawyers offers specialized advice to face these challenges. Contact us to ensure the viability of your projects in the new era of construction.

About Fractal - Ingenieros & Abogados

Fractal—Ingenieros & Abogados is a boutique firm that specializes in Project Management and Construction Law. It is focused exclusively on the Construction Industry.

Our comprehensive services include independent consultancy and advice on claims, contracts, risks, integrity, and project control. We cater to various clients, including law firms, claims consultants, commercial and multilateral banks, fiduciary and insurance companies, arbitration and adjudication courts, dispute boards, project owners, equipment and materials suppliers, national and foreign investors, and engineering and construction companies.