Public-Private Partnerships Bill seeks to streamline procedures

The Dominican Republic's executive branch 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 adjudication processes for these initiatives.

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