New legislation to revamp bidding rules

The jury is still out on what Spain’s new procurement law will mean for much-needed private sector investment, particularly in wastewater treatment.

Under time pressure from Brussels to comply with EU law, Spain’s minority conservative administration has been forced to accept significant changes to its new legislation on public sector contracts, which was finally approved at the end of October.

Amendments introduced by opposition parties will make Spain’s public procurement process more transparent and accessible, cutting down...

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