Contractors seeking extensions of project deadlines because of Harvey and Irma are likely to send out letters to owners over the next few weeks. The contractors’ challenges include getting access to jobsites and reconstituting crews whose homes may be lost and lives turned topsy-turvy.
Months more may be needed to learn the outcome of insurance claims made by the contractors and owners. J.P. Vogel, a partner at the law firm Gray Reed & McGraw, said, “Probably not until the next couple of months are you going to see this tally board on what’s being denied and what’s being granted” for a delay claim that seeks coverage under a builder’s risk policy.