If you have a construction project in the works during the hurricane season in North Carolina, it is natural to worry about what impact a storm could have. The reality is a storm impacts the construction industry in many ways. It may lead to serious delays with your project. Not only that, but the damage sustained might have a great impact on whether you can move forward or not.
According to Dodge Data & Analytics, a hurricane’s biggest impact is slowing down any current construction. The main reason is that clean up must occur before projects resume. In addition, companies must assess damages and make new plans accordingly.
However, it is not just what happens on your construction site. All the damage and all the clean up for the whole area has an impact. The focus often turns to those who lost homes or had severely damaged homes with everyone pitching in to get them back into livable conditions, which causes other projects to go on the back burner.
In addition, much of the repair work needed will require payment from insurance or federal relief. Waiting for these to come through can take a long time, especially with a catastrophic incident such as a hurricane that affects so many people. Not only does this impact those families waiting to return home, but it also affects your project because if you had damage, you will wait for claims processing as well.
The key takeaway here is that if your construction project suffers the onslaught of a hurricane, expect it to add weeks if not months onto the original timeline. This information is for education and is not legal advice.