The COVID-19 pandemic has been particularly difficult for construction contractors. Contractors who bid for work in 2019 and 2020 may still be performing work under pre-pandemic contracts that never anticipated the steep increases in material prices, labor shortages, and ever-changing regulatory and safety landscape. While new construction contracts can be drafted to account for this “new normal,” contractors may need help now assessing how they can survive their existing contracts. The first step to understanding your options is to review and understand all current contracts, with a specific focus on contractual provisions addressing: material price increases and unforeseen circumstances, such as any force majeure and change in law provisions. Click here to learn other steps to take with information provided by our partners at the Finishing Contractors Association.