The factum principis as a technique of economic equilibrium of the administrative contract

Abstract

The factum principis or "act of the prince" is a technique of economic equilibrium consolidated in our legal system. Since its origins it has been threatened by the strengthening of other techniques that have overshadowed it. The new Law on Public Sector Contracts circumscribes its scope of action to more precise limits than in its traditional conception but which allow doubts about its usefulness and operation to be eliminated. This figure has the opportunity to become a real option for solving problems in administrative contracting.