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ConsensusDocs announces a compilation of tools that can help address contractual risks presented by COVID-19 crisis. Among those tools are a sample notice letter, worker restriction orders across the United States, and a sample essential worker certificate. These tools provide an analysis for existing contracts impacts as well as proactive tools for contracts going forward.

The sample notice letter is a key element in the response to COVID-19, as many construction contracts have strict requirements about notifying owners and lenders. States require contractors comply with worker restrictions. The essential worker certification card template is helpful for essential infrastructure workers in case they are stopped. ConsensusDocs also links to a guide to COVID-19 construction claims, with insights on supply chain issues, project delays, and more. All of the above can be found at ConsensusDocs COVID-19 Resource Center www.consensusdocs.org/covid-19-construction-law-resources/ for construction law and contract issues.

Another key contractual step recommended going forward in these times of uncertainty is the use of price escalation/de-escalation clauses. Significantly, ConsensusDocs is the only publisher of such a clause. The ConsensusDocs 200.1 Standard Time and Price Impacted Materials Addendum and Schedule A will be made available on all paid subscription packages. “While the ConsensusDocs force majeure clause was the most specific and detailed clause which puts parties in a better position to address the unforeseeable event of COVID-19, ConsensusDocs also offers the best construction contracts to address the risk of COVID-19 proactively going forward,” says Brian Perlberg, Executive Director and Senior Counsel for ConsensusDocs.

The NASBP membership can save 20% on ConsensusDocs document subscription packages
Because NASBP is an endorsing member of ConsensusDocs, the NASBP membership receives 20% off of their purchase of ConsensusDocs subscription packages from ConsensusDocs at the ConsensusDocs online store when they provide the following discount code when prompted during purchase, Promotion Code: NASBP100.

For more information, visit consensusdocs.org/.
For information about the ConsensusDocs bond forms, visit www.nasbp.org.

Publish Date
March 1, 2020
Issue
Year
2020
Month
March
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