- The Russian government has allowed changes to construction contract prices due to the VAT rate increase effective January 1, 2026.
- Contract amendments can include price adjustments reflecting the VAT increase for goods, works, and services accepted after January 1, 2026, or changes in work volumes/types without increasing contract prices.
- Changes must be made by October 1, 2026, for contracts signed before January 1, 2026, if the contract did not already account for the higher VAT rate.
- Regional and local authorities are advised to enable contract modifications according to these rules.
- The regulation took effect on April 15, 2026.
Source: garant.ru
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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