Overview
- The Ministry of Economy formalized the 'Régimen Simplificado de Extinción de Obligaciones de Contratos de Obra Pública' on Thursday by publishing Resolución 1/2026 to address unpaid obligations accrued since 2022.
- The State will deliver a fixed bond package valued at its technical price comprising 33% LECAP due Oct. 30, 2026, 33% BONCAP due Jan. 15, 2027, and 34% BONCAP due Apr. 30, 2027 up to a maximum ARS 221,119,509,519 quota.
- Any company that joins must sign an act that expressly desists from all administrative and judicial claims linked to the included contracts and declare its eligible debt package in a single 'all‑or‑nothing' request.
- Contractors have 10 business days from the regime's start to apply and another 10 business days after acceptance to submit detailed liquidations; requests will be processed in strict order until the quota is exhausted.
- Technical, legal and SIGEN review can object to compensations that would impede resuming suspended works, so firms must weigh immediate bond liquidity against losing litigation leverage and the prospects for project reactivation.