Amendment to Wages in A Construction Contract

Abstract

The wage in a contracting contract is usually determined by agreement between the two parties or in accordance with what is stipulated by law. It may not be modified after the agreement except in exceptional cases specified by the legislator. The legislator may grant the judge the authority to modify the subject of the contracting contract when exceptional circumstances exist that justify such intervention, with the aim of restoring balance between the terms of the contract and the requirements of justice. Correcting the economic imbalance that may arise as a result of unforeseen circumstances after the conclusion of the contract that affect the financial basis of the contract. In such cases, the judge intervenes to adjust the wage to reflect the urgent economic circumstances. He may also, if necessary, temporarily suspend the implementation of the contract until the force majeure that prevented implementation is removed.