While at present it is impossible to ascertain the true nature and extent of the impact COVID-19 will have on the sector, there is a real potential for delays to both the carrying out of existing projects and the procurement of new projects.
To help mitigate this, the Government has announced the Infrastructure Industry Reference Group which will seek out infrastructure projects to fund and contract that can begin following the COVID-19 pandemic. These new projects are in addition to the Government’s $12 billion New Zealand Upgrade Programme and existing Provincial Growth Fund infrastructure investments.
Bell Gully’s construction team can provide specific advice around contract obligations and project issues during the COVID-19 pandemic.
For more information on our construction expertise click here.
Read our articles on COVID-19 construction here:
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COVID-19 Government announces urgent law changes to prevent opportunistic acquisitions of New Zealand businesses - 13 May 2020
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COVID-19 RMA consents fast tracked and further policy changes - 4 May 2020
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COVID-19 Options for construction projects during Alert Level 4 - 1 April 2020
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COVID-19 The impact of COVID-19 on construction projects - 19 March 2020