ABSTRACT

General relationships in construction of municipal infrastructure primarily pursue economic goal. Right-whether laws, regulations, decrees, private contracts, etc.—are just a means to express the goals of economic development. Legal relations have to “serve” economic goals, not vice versa. This economic goal is not to be seen beyond the usual understanding of the term “economic”; should include the positive difference between the whole society benefits and costs of a project (environmental, social, safety, etc.), ie not only the positive difference between the initial income and expenditure captured from an accounting perspective. From this broader perspective, it is interpreted that concept and in international practice, particularly in the context of project tools used Cost-Benefit Analysis (“CBA”).