While the Executive Order updates guidelines for several types of businesses, guidelines for construction-related activities remain the same. The latest Order references the updated Cybersecurity & Infrastructure Security Agency (CISA) guidelines that were released on April 17, 2020. These guidelines treat construction as essential to many different industries. To limit COVID-19 disease spread, the CISA also suggests that construction companies in operation follow guidance from Centers for Disease Control and Prevention (CDC).
One important aspect of Gov. Kemps’ Executive Order is that is overrides any local or municipal guidelines that are in conflict with the state-wide order. This includes guidelines that are more and less restrictive. Construction businesses should refer to the state-wide Order to ensure compliance.
As the Coronavirus pandemic continues to impact day-to-day operations, we are committed to keeping contractors informed with the latest updates. You can subscribe to receive future blogs and alerts here.
If you missed our last construction blog, you can assess it below: Cash Flow Planning Strategies for Contractors during the COVID-19 Crisis and Beyond
If you need assistance with short and long-term cash flow planning or on how to apply for PPP loan forgiveness, the Moore Colson team is available to assist. Contact us or call 770-989-0028 for more information.
Andy Starnes, CPA, is a Partner and Tax Services Practice Leader Moore Colson. Andy’s specialties include corporate tax compliance and planning, business consulting and multi-generational planning with a focus on the construction, professional services and staffing industries.
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