With the enactment of Decree No. 1188/2024, which approves the Financial Plan and the execution of Paraguay’s General Budget of Expenditures 2024, the DNCP announces a significant milestone for bidders, suppliers of the State and, public entities alike. As of Monday, February 19, 2024, Law 7021, and its regulatory decree No. 9823/2023 ("Decree 9823") will apply to all public procurement processes, fully replacing, after more than 20 years, Law 2051/2003. Although Law 7021 became fully effective with the enactment of Decree 9823, some processes were still governed by the previous law since the innovations introduced by the new regulatory framework required technical adjustments for its full application. In this regard, since August 2023, the DNCP has dedicated efforts to implement technological modules adapted to the new legislation. In addition, the DNCP has worked on the elaboration of regulatory administrative resolutions that are essential for the effective application of Law 7021 and Decree 9823.
To access detailed information on the regulatory framework, the complete regulatory index is available at the following link: Law 7021 and Decree 9823; DNCP Resolutions In addition, a new decree is expected to be enacted in the coming weeks, expanding and modifying Law 7021.
For further information regarding this matter or other related issues, please contact Manuel Acevedo (macevedo@vouga.com.py) or Silvia Benitez (sbenitez@vouga.com.py).
