Nicaraguans draw swords over law on government contracts

Nicaraguan opposition legislators and the private sector organization, Cosep, are proposing a reform in the law that governs government contracts.

Wednesday, June 4, 2008

The proposal challenges a government plan to change the law. The opposition says the government plan will merely encourage more cronyism in the award of contracts. "What we want is a level playing field," an opposition spokesman said.

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Nicaraguan Businessmen Demand Urgent Approval of Laws

September 2010

The local business community is confident of a quick approval by the Assembly of the Procurement Act.

After meeting with the President´s economic advisors the president of the Superior Council of Private Enterprise (COSEP), Joseph Adam Aguerri, said that now that the government has support from 52 National Assembly members, approval of a Procurement Law should be priority.

Nicaragua Initiates the Consultation Process for Proposed Contracting Law

June 2009

This week, the National Assembly began the consultation process for the new State Contracting Law.

The legislative initiative, which was presented in April of 2008, promotes greater transparency and facilitation of the bid processes of the state. highlights comments by Representative Wálmaro Gutiérrez: "This week, they will meet with the Nicaraguan Counsel of Micro-, Small-, and Medium-Sized Businesses (Conimypime) and then with the departments of Education, Transportation and Infrastructure, and Health, which bid out about 75 percent of the government’s projects."

Business Rejects Special Procurement Regime

January 2013

State run water company ENACAL was denounced for allegedly evading bidding processes, leaving them up to the discretion of the institution's chief executive.

The guidelines for the special procurement regime, resolution 147-12 PE was published in the Official newspaper La Gaceta, on December 4, 2012, which according to the president of the Superior Council of Private Enterprise, Joseph Adam Aguerri, goes against the provisions of paragraph six, Article 3 and paragraph 5, Article 5 of Law 737 which regulates Administrative Contracting in the Public Sector.

Limits Imposed on Turnkey Projects in Panama

September 2011

The government may not use more than 20% of its investment budget for projects undertaken under this modality.

When projects are implemented using the turnkey model, contractors are responsible for financing, which the state then pays for upon completion of the work. The current limit for this type of contracting was introduced at the request of the rating agencies.

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