Procurement Contracts + Pandemic Clauses

Where are pandemic related contract provisions popping up? In Force Majure clauses + in Material Adverse Change clauses

What is the negotiated trade off?

  • businesses will likely face demands to pay more / give up something
  • if business wants to walk away from a deal in the event of a second wave of the virus 

Bloomberg Business Week | Corporate Contracts Get a Rewrite for the Post-Pandemic Era