Contract Crisis Government and Private Contracts
McDonald Hopkins member Michelle Kantor will present "Contract Crisis: Government & Private Contracts" covering force majeure, terminations suspensions and suggested immediate action items in a webinar presented by the U.S. Department of Transportation's Office of Small and Disadvantaged Business, Great Lakes Region Small Business Transportation Resource Center.
The event will be held November 19 at 2 p.m. CST.
During this Covid-19 Crisis, you as contractors are facing project holds, schedule delays, work stoppages, material shortages, payment delays, terminations for convenience and default, and compliance issues all beyond your control.This workshop will help to demystify various government and commercial contract clauses that can be used to help you through these trying times. One such clause is the Force Majeure clause that can excuse performance if the event is beyond the control of the parties. However, this clause can either hurt or help you depending on how the language was drafted. We will discuss numerous contract clauses contained in government and private contracts that can impact your current and future bottom line. Various discussions will take place.
- Force majeure: What is a force majeure and when can it be invoked?
- COVID-19: Does the COVID-19 pandemic mean an automatic "pass" for nonperformance?
- Legal: Numerous contract clauses contained in government and private contracts that can impact your current and future bottom line.