In today's alert, we will discuss the issue of securing the proper performance of the contracts in question - establishing a guarantee deposit and retaining part of the remuneration

Today, the issue of salary adjustments in construction contracts is discussed extensively, but we focus on the investor-contractor relationship in private.

Today we will recall the differences between delay and default, what circumstances in practice can be classified into a given category, and the effects of a contractor's delay in the execution of the contract.

A contractual penalty, pursuant to Article 483 § 1 of the Civil Code, is nothing more than an additional contractual stipulation which, in accordance with the principle of freedom of contract, may be included by the parties in the content of the contract.

We're beginning a series in which we'll analyze selected aspects of construction contracts. Today, we'll focus on the institution of joint and several liability of the investor and general contractor towards their subcontractors.