Public-Private Partnerships Bill seeks to streamline procedures

The executive branch of the Dominican Republic submitted a General Public-Private Partnerships Bill to Congress this Thursday. The proposed legislation aims to streamline administrative procedures by significantly reducing the duration of evaluation, bidding, and award processes for infrastructure and development initiatives.

Currently, these processes take between 24 and 76 months to complete. The new bill seeks to shorten this timeframe to a period of between 10 and 18 months, aiming to increase efficiency in the implementation of public-private projects.