Process of the accounting of additional costs according to the government decree on construction inflation

Process of modifying PPA-based construction contracts in the light of inflationary price increases[1]

[1] The flow chart has been prepared on the basis of Government Decree No. 13/2023 (I.24.) on the modification of construction contracts (hereinafter: “Government Decree”), and Ministry of Construction and Transportation Decree No. 4/2023 (II.23.) on the list of construction materials and products affected by the Russa–Ukraine war and on the detailed rules regarding expert opinions issued under Government Decree No. 13/2023 (I.24.) on the modification of construction contracts (hereinafter: “CTM Decree”).

Author: Anna Nánási