Goods, Services, Works and Concession Procurement Law – Law 340 of 2006

Publication Year
Off

 

In general, this law establishes the principles and general rules that govern public procurement in the country. Within those principles, the law indicates that the public procurement process should encourage SME participation, including designing bidding documents specifically to do so.

Related Information:

Regulation of the Goods, Services, Works and Concessions Procurement Law - Decree 543 of 2012

Publication Year
Publication Year
On

This law promotes SMEs in public procurement. It indicates for example, that SMEs may participate in selection processes through consortiums or different type of associations, and they may receive an advanced payment of 20% of the project to strengthen their economic capacity.

Related Information:

Performance of the Transport Infrastructure Sector (Desempeño del Sector de Infrastructura del Transporte - original document in Spanish)

Publication Year
Publication Year
On
Shows the results of a study done on the Colombian transportation infrastructure's economic and financial situation, particularly indicating the special role of the SMEs in the sector.

Directive 2014/23/EU on the award of concession contracts

Publication Year
Off

The absence of clear rules at Union level governing the award of concession contracts gives rise to legal uncertainty and to obstacles to the free provision of services and causes distortions in the functioning of the internal market. As a result, economic operators, in particular small and medium-sized enterprises (SMEs), are being deprived of their rights within the internal market and miss out on important business opportunities, while public authorities may not find the best use of public money so that Union citizens benefit from quality services at best prices.