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083534 AI generated

Portuguese court rules that upon final acceptance of public works, retained funds and bank guarantees must be returned to the contractor.

Case Number 083534
Court / Authority
Jurisdiction Portugal (PT)
Decision Date
Outcome Allowed / Granted
Open official source Machine-readable Markdown (.md)

Legislator summary

AI generated

The court ordered the restitution of retained funds and the extinction of the bank guarantee following the definitive acceptance of public works. The contractor argued that the retention period had expired, while the opposing party maintained the obligation to keep funds until final settlement. The court decided in favor of the contractor, ruling that definitive acceptance triggers the immediate return of retained amounts and release of security.

Legislator headnote

Official

CONTRATO DE EMPREITADA DE OBRAS PÚBLICAS OBRAS GARANTIA BANCÁRIA RESTITUIÇÃO GARANTIA DA OBRA EXTINÇÃO DAS OBRIGAÇÕES

Keywords

AI generated
public works contract bank guarantee restitution final acceptance of works retention of funds extinction of obligations contractor rights Portuguese Civil Code

Cited Legislation

AI generated
Art. 1003 do Código Civil Português
Art. 1004 do Código Civil Português
Art. 1005 do Código Civil Português

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Full text

[Nº CONVENCIONAL] JSTJ00020249

[Nº DO DOCUMENTO] SJ199309290835341

[PRIVACIDADE] 1

[PROCESSO NO TRIBUNAL RECURSO] 664/91

[TEXTO INTEGRAL] N

[TRIBUNAL RECURSO] T REL PORTO

[URL] https://www.dgsi.pt/jstj.nsf/954f0ce6ad9dd8b980256b5f003fa814/6B2CD87FD9B0B362802568FC003A9A85?OpenDocument

SUMÁRIO

Feita a recepção definitiva de toda a obra, serão restituidas ao empreiteiro as quantias retidas como garantia e promover-se-á a extinção da caução prestada.