Partnering with the Panamanian government offers businesses a stable platform for growth and institutional recognition. Governed by the Public Procurement Law, this process combines legal transparency with strategic opportunities.
Key Benefits
- Financial Security: The state ensures timely payments, providing a predictable income stream.
- Market Diversification: Access to projects in infrastructure, healthcare, technology, and more.
- Corporate Prestige: Government contracts enhance corporate reputation, attracting private clients.
- Public Resources: Eligibility to use state infrastructure and preferential financing programs.
Steps to Participate
- Registration as a State Supplier:
- Mandatory enrollment on PanamaCompra, the government’s official procurement portal.
- Submission of documents like a public registry certificate and tax compliance proof.
- Bid Identification:
- Active monitoring of tenders published on PanamaCompra.
- Competitive Proposal Preparation:
- Detailed analysis of technical and financial requirements.
- Inclusion of realistic timelines and performance bonds.
- Submission and Evaluation:
- Formal delivery before deadlines.
- Review by state committees based on quality, cost, and experience criteria.
Essential Documents
- Public Registry Certificate (for companies).
- Tax and Municipal Compliance Certificate (proof of no outstanding debts).
- Performance Guarantees (e.g., bank bonds equivalent to 5-10% of the contract value).