Originally Posted by
Gunner
Agreed, what I don't understand is, how OCA and the likes have not experienced more significant costs due to the lockdowns last year and this year. I would have thought it would have been more costly than reported. Ultimately as the principal, OCA would be liable for any cost associated with the lockdown and the reduced lack of productivity at AL3 and AL2 to the Contractor and the subbies excl the wage subsidy. These costs would not be insignificant but then it depends on the stage of the construction and number on the go at once.
In part the above would be offset by the increased sale value of the property due to the increased market prices and strong demand over the last year