The Czech construction industry is booming and there are many large construction companies on the Czech market that build for foreign investors. Czech construction law is quite straightforward and is not dissimilar to that in other European countries. Nevertheless, a strong contract is important in order to avoid the disputes that frequently arise in the construction business everywhere. The tight labor market in the Czech Republic creates a serious problem with meeting milestones and deadlines, which now often leads to construction disputes and application of contract penalties.
rutland & partners’ real estate team has several specialists who have thorough knowledge of Czech construction law and who can advise you on the legal standards of the Czech construction industry (e.g., holdbacks, length of different guarantees, daily penalties for delay) and negotiate a construction contract for you that will enable you to fulfill your business plan. We can efficiently assist you with Czech construction permits and negotiate their granting or prolongation with local authorities. Last but not least, we have represented many clients in their disputes with Czech construction companies in course of last 25 years and reached very satisfactory settlements for them.
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