The Construction Forecast 2020 presents trends and potential hurdles from issues we are hearing “on the street” and offers insight from a legal counsel perspective.
Contract Terms
Paycheck Protection Program Update
Banking on forgiveness of your Paycheck Protection Program (PPP) loan, that may not be your biggest problem…. remember the certifications in your PPP loan application? The SBA has decided that it will review all loans in excess of $2 million as well as other loans as...
The Hilger Hammond Construction Forecast – May 12, 2020
This Construction Forecast presents trends and potential hurdles from issues we are hearing “on the street” and offers insight from a legal counsel perspective. As construction sites reopen, many owners and contractors are requiring waivers and releases related to...
Good News for Real Estate Closings During the COVID-19 Pandemic: Executive Order Temporarily Permits Electronic Notarization
On April 8, 2020, Governor Gretchen Whitmer signed Executive Order 2020-41 (the “Order”), which temporarily relaxes strict compliance with various state electronic transaction acts. According to the Governor, “[I]t is reasonable and necessary to provide limited and...
COVID-19 and Nonprofits: How to Operate Virtually
The Governor’s Stay at Home Order is now extended through April 30. Many nonprofit organizations will, at a minimum, need to conduct essential functions and board business during this time. How can this task be accomplished? Fortunately, Michigan nonprofit law...
What is in the CARES Act for Nonprofits? FAQ’s Answered
Nonprofit organizations, in addition to for profit organizations, can take advantage of the direct financial relief offered under the Coronavirus Aid, Relief, and Economic Security Act “CARES Act”. What direct financial relief is available for nonprofit organizations?...
Managing Cash-Flow during the COVID-19 Crisis for Compliance with the Michigan Builders’ Trust Fund Act
The Great Recession is still fresh in many people’s minds. Those involved in the construction industry certainly recall how those economic problems resulted in tightening cash-flow and the demise of contractors such as Lamar Construction. The present crisis is causing...
CISA Advisory on Essential Critical Infrastructure Workforce
The Cybersecurity and Infrastructure Security Agency (CISA) issued an advisory memo on March 28, 2020, regarding the “Essential Critical Infrastructure” status of workers in certain industries, largely patterned after a previous guidance issued on March 19, 2020. So...
Enforcement of Michigan’s “Stay Home, Stay Safe” Executive Order 2020-21
In these uncertain times, many are wondering how Governor Whitmer’s “Stay Home, Stay Safe” Executive Order 2020-21 will be enforced and by whom. The confusion and uncertainty among construction workers and other businesses about what projects are deemed “critical...
It’s Here! COVID-19 Relief for Small Businesses
Small businesses should be aware of the government backed relief programs available to them during the COVID-19 pandemic. Among the programs are Federal retention loans, debt relief and grants. The CARES Act (Senate approved on March 25, House approved on March 27)...