Industry brokers say the virus has not cancelled transactions but has put the brakes on speed of completion, with valuation uncertainties; U.S. payroll loan could also complicate sales.
The Potomac River tunnel is the final major element of the DC Clean Rivers program, which aims to reduce CSO volumes from the District’s century-old sewer system by 96% upon full build-out in 2030.
The decision comes on the heels of a preliminary findings from a Harvard study that long-term exposure to air pollution is connected to more illness and death in COVID-19 infections.
With the federal Families First Coronavirus Response Act in effect on April 1, design and construction firms are grappling with new provisions for emergency paid sick leave and paid family medical leave.
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