CONSTRUCTION PAPERS

Construction law blog of CERHA HEMPEL

This is the blog of the Construction Team dealing with construction matters and disputes in Cerha Hempel Dezső and Partners. Our colleagues regularly publish on civil and construction law issues of great interest, which are recurring significant problems for businesses in the construction industry. The materials published here do not constitute legal advices, we can only give them in individual cases. However, our easily understandable analyses can still help you manage risks effectively: avoid avoidable litigation, and prepare for unavoidable lawsuits.

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Opportunities to realise additional profits in fixed-fee arrangements or value engineering in Hungarian judicial practice

If a contractor successfully achieves the agreed result and quality with less work and at lower cost through technical innovations or some lucky circumstance, the cost saved will increase its own profits and its fixed fee may not be reduced. The approach employed to take advantage of such opportunities is known as “value engineering”.

Regulatory Map – for a Maze of Decrees

The purpose of this article is to provide a “regulatory map” as a guide to the current status of various decrees that have been authorised by the PWA and the HAA.

The New Construction Act – Part VIII

Forward-Looking Changes in Zoning Rules: TÉKA to Take OTÉK’s Place