Brazil Daily

Government proposes new bidding rules 

The Brazilian government proposes new bidding rules. A slow week in Congress. State-owned companies’ profits up by 132 percent.

Government proposes new bidding rules

Congress is analyzing a bill to establish a brand new regulatory framework for public bidding processes.

The new law would make rules more flexible, altering selection criteria for companies and establishing better conditions for companies to fight the government if the administration fails to pay for the service that has been performed. The economic team defends that it will increase competition and make Brazil more attractive to foreign companies.

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