02/23/2026
We've all heard it (or maybe even said it ourselves): "The project has stalled." 😩
In construction, stalled jobs are hitting harder than ever. Recent reports show private projects on hold have surged dramatically... with private jobs pausing more than double than in recent periods.
When work suddenly grinds to a halt, what should contractors, subs, and businesses do to protect themselves?
Consider these steps to safeguard your interests:
1. Assess Liability: Dive into your contract, check state laws, and talk to legal counsel right away. Know your rights and what you're on the hook for.
2. Secure the Jobsite: Don't let it sit vulnerable. Add temporary protections, fencing, signage, and do regular inspections to prevent damage, theft, vandalism, or safety issues.
3. Communicate Thoroughly: Keep the owner in the loop. Point to contract clauses for compensation, and push for change orders or authorizations to cover the costs of securing and protecting the work you've already done.
4. Review ALL Insurance Plans: Double-check your builder’s / subcontractor's risk policy for coverage gaps.
Plan for the best, but prepare for the worst. Consider these steps to help minimize risks, reduce exposure, and set up for a smooth resolution.
Read more: https://imc-cpa.com/blog/the-project-has-stalled-what-you-should-do/
Have you dealt with a stalled project recently? What steps did you take? Drop your thoughts below! 👇
