Regulations To The Public-Private Partnership Law

The Federal Executive Branch approved the implementing regulations to the recent law on Public-Private Partnership contracts. Said law aims to encourage private investments by providing important guarantees on public procurement, and its regulations entail a step forward in that direction.

On February 20, 2017, Decree No. 118/2017 (the "Decree") -which approves the implementing regulations to the Public-Private Partnership Law No. 27,328- was published in the Official Gazette (the "Regulations" and the "PPP Law" respectively, and jointly, the "PPP Regime").

The Decree declares all projects developed under the provisions of the PPP Law to be of national interest, and abrogates Decree No. 967/2005 and its regulatory and complementary laws, which constituted the former National Public-Private Association Regime.