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Mexican Regulator Proposes New Law On Public Procurement

By  |  July 7, 2020

The Mexican Federal Economic Competition Commission (COFECE), presented a proposal for the General Law on Acquisitions, Leases and Services of the Public Sector (Procurement Law) aimed to strengthen, plan, promote, and increase economic competition and incorporate mechanisms to curb corruption with the purpose of achieving public contracting under the best conditions for the benefit of citizens.

The proposal incorporates mechanisms to generate greater competition and reduce corruption risks in public procurement to maximize the value of public expenditure.

The proposal was submitted for consideration of the Congress in the context of the Open Parliament convened by the Transparency and Anti-Corruption Commission of the Chamber of Deputies.

Full Content: COFECE

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