It prepares a new procurement law in Panama

THE GOVERNMENT OF PANAMA HAS READY THE PROPOSED DRAFT REFORMS TO THE PUBLIC PROCUREMENT LAW.

A series of changes was made in the administration of Ricardo Martinelli and according to the proposal “facilitated the non-rational use of public funds, transgressions to the principle of transparency and due process.”

Among the reforms it is proposed to eliminate the hidden price system in the bids for better value, in addition to establishing new controls on the legal inability to contract.

The official price for a public investment project will no longer be hidden in the best value bidding with separate evaluation, a model that was used to contract the construction of line 1 of the Metro in the government of Ricardo Martinelli and also in line 2, In the current administration of Juan Carlos Varela.

Now, the Government proposes that it is necessary to reform the Law of 2006, to relaunch a new collective objective of transparency and efficiency of the administration, and the rational use of the resources of the State.

The preliminary draft will be presented to the Cabinet Council on 19 January and then brought to the Assembly.