Reforms Sought in Salvadoran Purchase Laws
Both construction entrepreneurs and the Minister of Public Works say that there are no flexible mechanisms provided to resolve conflicts.
Monday, March 23, 2009
The difficulties incurred in complying with the Law of Contracts and Procurement of Public Administration (LACAP), would result in multimillion dollar losses due to crippled projects, contracts not awarded and lengthy litigation, with the consequent loss of jobs and necessary dynamism in the construction sector.
A bill will be introduced this week to simplify and speed up government acquisitions, and to include more small and medium companies in the process.
The Chamber of Construction pointed to lack of credit as the main culprit.
In the first quarter of 2009, contract awards for public works declined by 25% when compared to the same period in 2008.
Businessmen from various sectors are demanding regulation by the government of several existing laws, which allow for different interpretations and legal uncertainty.
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