b'In the Wakeof Catastrophe, What Next for Contractors? By Robert (Chip) Andrews, CEO and Chairman, and Walter R. Adamchik, Consultant AlongwithourfellowAmeri Implications ofTragedythousands in the aviation industry the cans, we mourn the loss of thou on the Construction Industryadd yet another negative factor to sandsoffriends.relatives,andTlteEconomythis already com icated situation. plbrutalther citizens to aact of aggres The impacts to the already fal On the o hand,money will be sion.Still,as wemourn,wearetering economy are difficultfore spentonr ildingdamaged toebufaced withtal questions.cast.Whileth arenational- buildings,onhomelanddefen , many vi Inereseand onnewsecuritymeasures. AMECandHen l P Conse helps struction, already heavily involved with the existing Pentagon renovations, are sure tomajor p rs belayeintherebu ding.Therewillbe ilmoreofthosedollarsspent, but when itto theralpact comesove I imloof these dollars, it will take ang time to know the full. storyIndustry lniage Along with firefighters,police o ,other unifo serv-fficers andrmed the ices,construction industry has respondedwith anoverwhelming ice amountofsupport.AMECVChairmanJohn C u was avana gh near "ground zero" in New York at noonaftertheattacks,assessing damage and requirements. Industry giantsAMEC,BovisLend Lease, andTurner Construction wereat it precedents,ar in thewakeofcatastrophe,c izenscrisiswe must be c e work with hoursof theattacks, andbusinessescannothelpb ful not to view them as guaranteesand along withT ly Construction utulwonder, what next? The depth andoffutureresults.H toryshowsand Defoe, h contracted to is ave been br of that quesiion is beyondthat inmajor crises from 1940conduct the clean of the meadth28upassive the scopethis article. However,to 1 (n as Pearl Har amount of debris.ial estimates of988eve ts suchOfficFMI consultantsmettod bor, the assassin nPresidentput the cleanup at six months to a iscussatio of some of the implications withinKennedy, and the start of the Gulfyear. The coordinationthe thebetween contextthetruction industryWar)theDowJonesIndu rialfirms is noteworthy, andpofcons st we ex ect andtoconsiderpossible actionsAverage fell 5% initially. But, afterit to continue.ller r and Sma egional for firms to takeover the comingabo four months,it rose 5.1 %.localconstru ionfirms,too utctentune e, months and years in the face of thisHowever, the rec jump inm numerous tomention her mobi-uncertainty.article is not all ployment to 4.9% ledmany ana lized their entirelabor forces and This inclusive. Much will reveal itself inlysts to trim forecasts for theofequipmentand sent them to restassets the coming weeks.this year and for 2002. Some air assist. They did this with no expecline stocksplu 50%on thetationofgettingpaid; theyjustt""\\nged first day of trading a er the terroristwantedtoh . More than1,000\', ft elpa . The a ouncedlayoffs forconstruction workers officially stttack nn aff'