on the 04th of August 2020, a huge explosion took place at the port of Beirut which has severely damaged large areas of the city, as a result now, all construction material suppliers are receiving high demand for all types of construction material and this had a direct effect on the material supply for the existing and ongoing construction project, suppliers are postponing the supply of material for weeks and months and this led to delays in most of the construction projects taking place in Lebanon and the Contractors are requesting extension of time one after another since there is no specific or exact date about the material supply from the suppliers.
in view of the aforementioned, please share your thoughts and ideas on how to tackle and resolve such issue which was not planned and wasn't considered as risk, noting that the explosion by itself can be considered as a force majeure but what about the aftermath and the struggle to procure construction material.
Yes the Beirut explosion was huge and a very sad event. One can expect that because of this unexpected risk, all the current and new projects would get delayed or timeline extended.
In my case, I had many projects on the roadmap for this year, but then because of Covid, many of these projects have been moved to next year, some canceled and a few have been moved to Q4. The projects that were in progress have had their timeline extended so that the projects that should have finished by March and April were finished only by June and July. Saving Changes...
Addressing construction material shortages will likely take a cooperative approach between the Lebanese government and international aid organizations who might be able to help with the sourcing of these materials at a reasonable cost for the public & private construction firms.
Very sad indeed. Hard to actually comprehend the colossal damage from afar. The existing supply chain will surely be impacted for the immediate and near term, until others sources of supply can be identified, contracts negotiated, items procured, and delivered. The key will be determining the mechanism by which that will be accomplished. Will it be done without government assistance and intervention? Will the free market be left to its' own devices? Will international aid as Kiron mention assist? Such devastation needs a whole of government approach that engages the supply chain, international partners, NGOs, etc in an organized, cooperative, and structured manner such that the "bureaucracy and red tape" is removed as much as practically possible so that timelines are compressed and materials can be moved based on a prioritization classification. Saving Changes...
