2023. Nov 20. | Construction
As noted in a previous article, Hungary’s Act LXIX of 2023 on Public Works Projects (hereinafter: “Act”) took effect on 8 November 2023. In addition to dispute resolution procedures, the Act also includes provisions on certain mandatory terms and elements of...
2023. Nov 6. | Construction
Hungary’s Act LXIX of 2023 on Public Works Projects (hereinafter: “Act”) was published in Magyar Közlöny, the official government gazette, and will take effect on 8 November 2023. The Act creates a new and unified framework for public works projects. Many rules...
2023. Oct 4. | Construction
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. The introduction of these arrangements has fundamentally...
2023. Aug 23. | Construction
Authors: Andras Fenyőházi and Anna Nánási
2023. May 18. | Construction
The Ministry of Economic Development plans to introduce a new legal concept in “building right”, which can be created with respect to parcels of land and could have wide-ranging consequences, including giving a new impetus to solar power projects. The bill on...
2023. Apr 18. | Construction
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:...