Guatemala: New Regulations for State Acquisitions

©image: Guatecompras.gt

Suppliers are now required to declare under oath, in the submitted proposals, that all the included information is true.

Additionally, in order to be included in the state’s supplier registry, companies must detail the identities of owners, representatives, directors and shareholders.

These new regulations intend to provide greater transparency in state acquisitions.

Source: Ministerio de Finanzas Públicas (Guatemala)

More on this topic

Additional Requirements for Government Suppliers in Guatemala

March 2011

As of April 1st suppliers of goods and services for the State must send copies of legal and financial documentation through web portal Guatecompras.

The legislation seeks greater control of suppliers and to prevent money laundering.

Providers who fail to comply with the rules cannot make offers to any government agencies.

New Regulations for Guatecompras

January 2010

The Finance Ministry is reviewing a series of changes done to the State Purchases law.

On December 2009 they modified part of the 8th article, removing the possibility of renting real estate, machinery and equipment without a bidding process.

"This also applies to purchasing literature, either scientific or artistic", reported Prensalibre.com.

Guatemala: State Purchases Law Modified

September 2009

State institutions will now have to publish in the web site "Guatecompras" their direct purchases over $1.207.

In another modification, the State is now obliged to publish information on all the phases of the purchasing process.

From Prensalibre.com: "... article 23, obliges the state to reveal the basis, technical specifications, evaluation criteria, questions, answers, lists of suppliers, statements of award and contracts, in all the stages of the bidding process".

Guatemala: State Contracting Law Under Consideration

February 2009

Within the amendments of the Contracting Law, a proposal was formulated to implement changes in the web site Guatecompras.

Prensalibre.com publishes in its website: "If these modifications are incorporated into the initiative—that is to be approved in its third reading—, the national and international agencies and the associations and trusts, among others, will be obligated to use Guatecompras."