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.
The local business community is confident of a quick approval by the Assembly of the Procurement Act.
This week, the National Assembly began the consultation process for the new State Contracting Law.
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 government may not use more than 20% of its investment budget for projects undertaken under this modality.
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