The execution of public works contract in South America under COVID-19: possible alternatives to maintain its economic balance or terminate it early

This paper studies the principal effects of COVID-19 in the execution of public works contracts throughout South America. In particular, different countries have declared that the construction of public infrastructure is an essential activity, a situation that has forced the contractors to fulfill t...

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Detalhes bibliográficos
Autores: Wagemann Farfán, Alex, Inostroza Guajardo, Claudio Nicolás
Formato: artículo
Estado:Versión publicada
Fecha de publicación:2020
País:Perú
Recursos:Pontificia Universidad Católica del Perú
Repositorio:Revistas - Pontificia Universidad Católica del Perú
Idioma:español
OAI Identifier:oai:ojs.pkp.sfu.ca:article/23255
Acesso em linha:http://revistas.pucp.edu.pe/index.php/derechoysociedad/article/view/23255
Access Level:acceso abierto
Palavra-chave:Public works contracts
COVID-19
Economic balance
Contractual equation
Contract frustration
Contratos de obra pública
Equilibrio financiero
Ecuación contractual
Frustración del contrato
Descrição
Resumo:This paper studies the principal effects of COVID-19 in the execution of public works contracts throughout South America. In particular, different countries have declared that the construction of public infrastructure is an essential activity, a situation that has forced the contractors to fulfill their obligations in excessively onerous terms or outside the purpose that led to the termination of the agreements with the State Administration. Considering the above, this article analyzes the possible alternatives offered by the Law, either to reestablish the economic balance of the contract or to terminate the agreement early.