Argentina's Secretariat of Infrastructure Coordination has extended until July 23 the deadline for public-works contractors to request entry into the Simplified Regime for the Extinction of Public Works Contract Obligations, according to Infobae. The decision was formalized through Resolution 2/2026, signed by the secretary of Infrastructure Coordination, Fernando Augusto Hermann, and left the maximum available amount and the scheme's other conditions unchanged.
The regime lets contractors of the Secretariats of Public Works and Transport, both under the Ministry of Economy, cancel debts accrued between January 1, 2022 and December 31, 2025, as well as obligations tied to contracts terminated since 2024, through the delivery of three peso-denominated public bonds. The program carries a maximum cap of 221.119.509.519 pesos and relies on LECAP and BONCAP debt instruments. The original enrollment window ran for ten business days from July 3, putting the deadline around July 16, before companies gain time until July 23 to complete the procedure through the Remote Procedures Platform (Trámites a Distancia, or TAD).
Joining the scheme carries a condition: companies must give up all pending administrative and judicial claims against the National State linked to the corresponding contract. The General Syndicate of the Nation (Sindicatura General de la Nación, or SIGEN) must also intervene before each individual settlement agreement is signed. Construction-sector sources cited by Infobae said the extension responded to a request from contractors themselves, who had only a brief window to submit an initial expression of interest.
The same sources flagged practical limits to the scheme. It only functions for issued invoices, meaning work certificates that completed the administrative process and resulted in an invoice. Many works remain pending on price redeterminations or on approval of items already discussed between the parties, and as long as those administrative procedures lack approval, no invoice is generated and the corresponding claims do not enter the regime, the sources said, adding that this leaves out part of the construction companies still holding credits with the State.