Daily Archives: 01/03/2018

Romanian government approves new mandatory FIDIC conditions for Romanian infrastructure projects

1st March, 2018, By : Cristina Popescu, Source : C/M/S/ Law-Now, http://www.cms-lawnow.com/

 

The Romanian government recently issued Decision no. 1/2018 (the “Decision”) approving the short form agreement as well as the general and specific conditions (the “Model Agreement”) to be used by contracting authorities in Romania for procurement of works or design and works.

Previous model agreements, issued by the Romanian Ministry of Transportation in Order 600, generated widespread criticism among national and international contractors working in Romania and deterred international contractors from bidding on tenders organised under Order 600. As a result, the European Commission requested Romanian authorities to reconsider Order 600 in order to be granted European financing for infrastructure projects.

 

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