Clifford Chance

Amendment of the RPA regime in concessions

24 April 2015

The Draft Bill on Public Sector Procurement (Anteproyecto de Ley de Contratos del Sector Público) proposes an amendment to the regime governing what is known as the financial liability of public administrations (responsabilidad patrimonial de la administración) ("RPA") in the event of the termination of concession agreements, limiting in certain cases their amount to the market value of the concession.

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