Ley 1150 de 2007 | Ley 1150 de 2007 — Colombia law | Esheria

Ley 1150 de 2007

This preamble identifies Law 1150 of 2007 and says it introduces measures for efficiency and transparency in public contracting with public resources.

Jurisdiction
Colombia
Instrument
Act or statute
Citation
Ley 1150 de 2007
Version
Undated source snapshot
Language
es
Updated
Official source
View official record ↗
SECOP SMEs TV services adjudicación asignación de riesgos bank guarantees bid evaluation billing and collection certification commencement contract administration contract compliance contract execution contract extension contract guarantees contract law contract liquidation contract management contract payments contract selection contracting contracting compliance contracting documents contracting eligibility +49 more

Statute overview

About this statute

This preamble identifies Law 1150 of 2007 and says it introduces measures for efficiency and transparency in public contracting with public resources. This article states that the law’s purpose is to amend Law 80 of 1993 and add general rules for all contracting involving public funds. This article sets the main procurement methods for state entities and the rules for using each one. La contratación pública y sus trámites pueden realizarse por medios electrónicos, y el Gobierno Nacional debe definir mecanismos de publicidad y desarrollar el SECOP. Los pliegos de condiciones deben incluir la estimación, tipificación y asignación de riesgos previsibles; en licitaciones públicas, también deben indicar cuándo se revisará esa asignación antes de presentar ofertas.

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