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Contract relief proposal a big help for construction, but costs still key worry

Published Wed, Apr 1, 2020 · 09:50 PM

    Singapore

    CONTRACTORS say the upcoming relief Bill will be a big help but they continue to worry about costs as projects slow down or come to a stop because building materials have run out.

    The Ministry of Law intends to introduce the Covid-19 (Temporary Measures) Bill in Parliament next week. The Bill aims to offer temporary relief for six months to businesses and individuals who are unable to fulfil their contractual obligations.