CEU Electronic Theses and Dissertations, 2017
| Author | Kocsis, Domokos |
|---|---|
| Title | Securing Performance and Payment in Construction Projects: a Comparison of Industry Practices in Hungary and in the U.S. |
| Summary | In this research paper I will concentrate on the various legal methods and practices used in the United States and in the Hungarian construction industry by its participants with the purpose of securing and defending themselves. I will focus on two key aspect, which are vital in every construction project: due performance and due payment. Hence, I will make a thorough legal analysis of the published template construction and security agreements, which are proposed by the appropriate private US contractor associations or by the governmental bodies in respect of Hungary. Furthermore, I will also examine the peculiarities of these recommended legal devices, and – with the assistance of court cases – clarify those statutory rules that have an impact on the progress of construction projects in respect of the two aforementioned aspects. Finally, I will propose an optimal synthesis of the legal devices used in each jurisdictions. |
| Supervisor | Tajti, Tibor |
| Department | Legal Studies LLM |
| Full text | https://www.etd.ceu.edu/2017/kocsis_domokos.pdf |
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