Public-Private Partnerships Bill seeks to streamline procedures

The executive branch of the Dominican Republic submitted a new 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 public-private 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 development of state projects.