Information

This barrier is unrelated to the end of the transition period, following the United Kingdom's departure from the EU.

Public ID: PID-GXR7DG

Liability cap for infrastructure public tenders in Colombia would encourage UK exporters/investors from participating in the process

in Colombia

Trade barrier summary

The Colombian Public Procurement Law - Law 80 - defines the prevailing type of procurement procedure used by contracting authorities for infrastructure projects. The public procurement process in Colombia is restrictive for businesses, due the need for companies to have an unlimited liability clause for public infrastructure projects. The lack of a clause limiting the company's liability passes a high degree of risk from the contracting authority to the bidder, which discourages them from bidding. This is particularly challenging for UK consultancy firms, because the amount of their liability ends up being way beyond the value of their engineering contract.


Sectors affected

  • Advanced engineering
  • Airports
  • Construction
  • Railways

Resolved

No


Date reported

29 May 2019


Last updated

3 February 2021


Public ID

PID-GXR7DG


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