Confusion arises over compensation funds

Mateusz Lasek, Senior Construction Market Analyst, PMR
The first months of the new regulations governing the work of construction firms and developers in the country have brought some confusion to the public debate. In the autumn of 2016, new legislation (Federal Law No. 372) placed an obligation on the members of construction self-governing organisations (SRO) to transfer their compensation funds to dedicated bank accounts. In October 2016, it became known that the authorities were planning to define the obligatory sum as no more than 1% of a contract’s final consumer value. According to data from the National Union of Construction Firms…

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