The Construction Costs Index and the state’s decision to provide additional funding for Public works Contracts

The Albanian Government has approved the Normative Act, with the force of Law, act no. 10, dated May 18, 2022, for the Financial Compensation due to the increase in the price for some construction materials, based on the stipulations in the public contracts, as a result of the special situation created in the market during the year 2022, referring to market prices and construction cost…