FIDIC Cartea Roșie – determinarea momentului în care se consideră că lucrările contractate sunt finalizate din perspectiva TVA, în cazul în care există litigii între furnizor și beneficiar cu privire la contravaloarea serviciilor prestate
FIDIC RED BOOK – determining when it is considered that the contracted works are completed from a VAT perspective, in case there are disputes between the supplier and the beneficiary regarding the value of the services provided

Summary/Abstract: To prevent any issues that entrepreneurs and beneficiaries of large projects involving construction and installations may face in practice, the International Federation of Consulting Engineers (Fédération Internationale Des Ingénieurs-Conseils – hereinafter referred to as ”FIDIC”) has created a series of standard contracts to be used as international reference models. In relation to the FIDIC Red Book model (one of the most frequently used contract models for infrastructure projects in Romania), we emphasize that if the suppliers and beneficiaries of work enter into disputes about the value of the services provided which are not settled amicably but which instead are taken to an international arbitration procedure, there may be difficulties from a VAT perspective with respect to determining the moment when it is considered that the contracted works are completed by the contractor and accepted by the beneficiary.

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