Search for:
Corporate Compliance

Colombia: Renewal of the Sole Registry of Bidders

By , and 2 Mins Read

In brief

All those persons registered in the Sole Registry of Bidders (Registro Único de Proponentes) (RUP for its acronym in Spanish) must update their registration no later than 5 April 2024, otherwise, the effects of the registration will cease and they will have to register again, providing all the necessary documentation, as if it were the first registration.

Contents

  1. What is the RUP?
  2. When should the RUP registration be renewed?
  3. What happens if the RUP registration is not renewed?

What is the RUP?

The RUP is a legally created public registry administered by the Colombian chambers of commerce in which all natural and legal persons, national or foreign domiciled in Colombia, interested in participating in contracting processes convened by state entities must register.

Based on the information provided by the interested parties in the RUP, the chambers of commerce will verify compliance with the following qualifying requirements:

  • Legal capacity
  • Experience in the provision of goods and services
  • Financial and organizational capacity

Click here for more information about the RUP.

When should the RUP registration be renewed?

Every year, persons registered in the RUP must submit the information to renew their registration no later than the fifth working day of April to the chambers of commerce.

By 2024, persons registered in the RUP must submit the information to renew their registration with the chambers of commerce no later than 5 April 2024.

What happens if the RUP registration is not renewed?

If the person registered in the RUP does not renew its registration within the established term, the effects of the registration will cease.

For more information, contact our authors.

Spanish version

Categories:
Author

Alejandro Mesa joined Baker McKenzie in 1995 and became a partner in 2008. He is a lawyer graduated from Universidad de los Andes. He has focused his practice in matters related to the energy, mining and infrastructure sectors. Alejandro is a highly regarded practitioner in project finance transactions, being recognized for his advisory and representation work for American and European companies in the Colombian market. Due to his experience working with Colombian government entities, he has advised major clients seeking to participate in government procurement procedures or to structure distribution channels in Colombia.

Author

María Montejo Torres is a member of the Firm's International Commercial and Infrastructure groups. Prior to joining the Firm in 2013, María worked in the corporate-M&A group of a leading Colombian law firm.

Author

Laura Amorocho is a lawyer with a master's degree in international law from Universidad de los Andes. Since 2021 she has advised national and international clients in the infrastructure, oil and gas and electric power sectors on public law, dispute resolution and international law matters. Before joining Baker McKenzie, Laura worked at a leading Colombian law firm and at the Agencia Nacional de Defensa Jurídica del Estado. She has also been an assistant professor at Universidad de los Andes. Between 2019 - 2020, she represented Universidad de los Andes in the John Jackson Moot Court Competition.

Related Posts