It’s no secret that COVID-19 has had a negative impact on almost every single industry in the world and much of the damage has come as a result of the “shelter-in-place” regulations enacted by many states. As these regulations are being relaxed, there is still a long way to go before the economy normalizes. Fortunately, construction lead tools like PlanHub can help general contractors and subcontractors stay connected and busy.
One of the top concerns held by most industries, especially physical industries like construction, is in relation to labor shortages due to COVID-19 related illness. Quarantined employees decreases available labor, which can cause current projects to be delayed.
Changes in Contracts
As a result of the difficulties based on labor and supplies, general contractors, subcontractors, and other clients may need to renegotiate contracts to better benefit all parties. Completion time clauses will be even more critical in contracts to ensure project completion. By finding opportunities for new construction contracts, clauses can be added to account for the COVID-19 pandemic and protect all parties.
Importance of Construction Leads Tools in Times of Crisis
These concerns emphasize the need for construction lead tools. These software tools can help connect you and your business to projects that meet the current situation of the economy. For example, if you have fewer employees, you can engage in smaller projects that can be completed by the size of your team. If your contracts have been changed, you can use construction lead tools to find new contracts that can be started either during the COVID-19 pandemic or afterwards.
Although the COVID-19 pandemic has made a significant impact on many industries, the need for construction has not dwindled. Online productivity tools such as PlanHub can help subcontractors easily find leads and connect to general contractors. Subcontractors can find commercial construction projects in their area and by trade. To learn more about our software and its benefits, contact us today!