ARTICLE · 17 AUGUST 2017

Preventing Corruption In Infrastructure Projects – Upcoming Columbian Legislative Measures

Gomez-Pinzon Zuleta Abogados S.A.S.

Explore more from Gomez-Pinzon Zuleta Abogados S.A.S.

The recent transnational bribery scandals highlighted some loopholes on public procurement laws all along Latin America.

ColombiaGovernment, Public Sector

Edward Pérez

The recent transnational bribery scandals highlighted some loopholes on public procurement laws all along Latin America. However, the region is now moving towards the prevention of these kind events in the future.

Colombia is not the exception: the Congress is currently discussing two draft laws that have been called to strengthen the existing legal framework on public procurement.

Those draft Laws tackle four issues rendered as critical in the light of those scandals:

Liability of the supervisors and external consultants
Compensation to which are entitled the contractor and the creditors when the contract is declared void
Rights of good faith third parties in the event of an early termination by the Government of a PPP contract

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