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

Regulation of the Goods, Services, Works and Concessions Procurement Law - Decree 543 of 2012
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:
- Public Procurement Laws and Regulations
- Small and Medium Enterprises and PPPs
- Laws and Regulations on Inclusion of SMEs in PPPs
- Public-Private Partnerships Laws/Concession Laws.
Tracking Reference:
Regulation_of_Goods_Services_Works_Concessions_Procurement_Law_2012_ES