Surety Bond Quarterly published an article by Assurance Partner James Miller and Director James Wiedemann, about the rollercoaster ride of changes for construction contractors wrought by the PPP program.
Surety Bond Quarterly
As various industries began to shut down operations, the construction industry tried to identify which trades and jobs would be deemed “essential” and allowed to continue work. We began working with a lot of our construction clients, talking about how they were going to navigate through all of the pandemic restrictions, health concerns, project delays, and shut-downs. Prior to the pandemic, finding skilled labor was one of the biggest challenges that contractors nationwide faced, so keeping their skilled workers, in whom companies had made a significant investment to recruit, was top of the list.
Coronavirus Resource Center
Have more questions about the impact of the coronavirus on your business? Visit Marcum’s Coronavirus Resource Center for up-to-date information.