A Pilot in 10 Economies
The Benchmarking Public-Private Partnerships Procurement 2015 report aims to support and enhance the decisions that feed into policy-making by highlighting key aspects of a country’s PPP legal and regulatory framework. The project that the report is based on follows the successful approach undertaken by the World Bank Global Indicators Group, which, with its Doing Business project, has a recognized track record of measuring a country’s laws and regulations and leveraging reform. The Doing Business project assesses the business climate of 189 economies against recognized good practices. Since its inception in 2003, the Doing Business project has inspired close to 2,000 reforms in business regulation.
The laws referenced in the report...
Ley 489 de 1998
Law 489 for Colombia.
Diario Oficial No. 46.706 de 31 de julio de 2007
Decree 2870 sets out the general legal framework for telecommunications in Colombia. It includes licensing, competition policy, scarce resources management, and penalties and sanctions.
Long-standing perceptions of Colombia would perhaps have you believe that it is a country of fantastic natural wealth – in coffee and gold, in agriculture and in oil – but without the clear-headed direction and international clout to truly exploit these riches. Decades of political and economic unrest have led to doubts surrounding the country’s viability as a destination for long-term investment. Colombia’s new PPP programme looks set to usher in a new era of innovatively funded public and private projects that will change the face of the country. In the making of this report, Infrastructure Journal has spoken to those involved at every level in this step change – from government officials to bankers, to the specialist lawyers who...
Good highway infrastructure is essential to economic development. The Colombian government backed this concept in July 2010 when it awarded the concession of the third and final section for the construction and expansion of the $2.6 billion Ruta del Sol highway. This 1,071 kilometer road connects the capital, Bogotá, with other large urban areas of the country’s interior and Caribbean coast. Ruta del Sol was initially conceived by the government as a single project. It was later divided into three concessions to adapt to market conditions, to ease its construction and financing, and to mitigate single-operator risk.
The Colombian Experience
In Colombia, the management process of contingent liabilities is a fundamental part of the principles of fiscal discipline, facing sustainability of the debt, reduction of fiscal risk and transparency in the administration of public resources. Currently, the country has reached the highest standards of disclosure of information regarding fiscal accountability and transparency and is emerging as a pioneer in the management of contingent liabilities in Latin America. This report is the first publication on the management of contingent liabilities of the Nation, published by the Ministry of Finance and Public Credit, which seeks to disseminate technical and regulatory efforts made by the General Directorate of Public Credit and National...
In early 2011, the Government of Colombia requested PPIAF assistance to improve the planning, structuring, award, implementation, management, and regulation of road concessions, and strengthen the National Concessions Institute’s (INCO) capacity. Four main products resulted from this technical assistance: a diagnostic of Colombia’s concession program results to date; an assessment of Colombia’s national procurement law and recommendations for a new national concessions law; recommendations for the strengthening of INCO’s capabilities in the structuring, award and regulation of concession contracts; and a review of best practices in PPP/concession agencies.