Public vs. Private Projects – Business Retooling – Diversify to Thrive in Times of Uncertainty
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Public vs. Private Projects – Business Retooling – Diversify to Thrive in Times of Uncertainty

Co-Author, Modern Contractor Solutions, August 27, 2020

Although deemed an “essential business” by many states, the construction industry is evolving in conjunction with a pandemic and increased market volatility leaving construction companies wondering what is next or where business will take them. Now is the time for those in the construction industry to abandon a specialization in strictly private projects or strictly public projects. The shift from private projects to public works can be intimidating; nevertheless, most public works projects considered essential during the pandemic will continue whereas private projects are at a greater risk to shut down.

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