The ‘ESG Act’ was adopted by the Hungarian Parliament in December 2023, and the companies that are subject to it are required to carry out sustainability due diligence reviews and to prepare related statements and reports after 1 January 2024.

In the final article, we list and discuss the fundamental principles that should be followed in the preparation of construction documentation and that can greatly help contractors manage risks successfully

In this, the third article of our four-part series, we discuss the nature of costs that are incurred by contractors outside flat-rate fees, and how these can be recovered.

In this second article of our four-part series, we discuss the dilemmas and risks that contractors most frequently have to face in connection with delays.

In the first article of a four-part series, we discuss what contractors should pay attention to in the examination of the technical specifications of construction contracts. We also address the distinction between express and implied specifications.

This article examines how certain continental and common law systems deal with changes in economic circumstances.

Pacta sunt servanda: contracts must be performed. This is the most fundamental tenet of the law of obligations.

This article discusses additional requirements that the Act sets beyond what is included in Government Decree No. 191/2009 on Construction Activities (hereinafter: “Decree”).

This article deals with Section 54, which reforms dispute resolution and legal recourse procedures, and which appears to make the involvement of the Certificate of Performance Expert Board (hereinafter: “CPEB”) mandatory before a lawsuit can be filed.

This article gives a brief account of three of the unique concepts used in Hungarian construction law: the Certificate of Performance Expert Board, construction trusteeship and designer copyrights.