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Law 5/2008, Of 15 May, Accompaniment Of The Bill To The Budget 2008 On New Forms Of Contracting And Financing Of Public Works

Original Language Title: Llei 5/2008, del 15 de maig, d'acompanyament del Projecte de llei del pressupost 2008 sobre les noves formes de contractació i finançament d'obres públiques

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Law 5/2008, of 15 may, accompaniment of the Bill to the budget 2008 on new forms of contracting and financing of public works since the General Council in its session of 15 May 2008 approved the following: law 5/2008, of 15 may, accompaniment of the Bill to the budget 2008 on new forms of contracting and financing of public works Index preamble General provisions Article 1. Article 2 object. Scope of application Article 3. Supplementary application chapter. Public works concession contract Article 4. Public works concession contract Article 5. Feasibility study in Article 6. Draft Article 7. Project and network mapping Article 8. Contents of administrative terms of the concession contract Article 9. Performance of the contract of concession Article 10. Minutes of checking and home of the Article 11. Rights of the concessionaire Article 12. Obligations of the concessionaire Article 13. The Administration's prerogatives and powers Article 14. Freedom of Article 15 agreements. Abduction of the Article 16. Public funding of the works subject to granting Article 17. Private financing of the concession object works Article 18. Mortgage of granting Article 19. Termination of the contract for the concession of public works Article 20. Duration of the award Article 21. Causes of resolution Article 22. Effects of the second chapter resolution. Contracts of work with the total payment of the price Article 23. Subject to Article 24. Legal system additional Provisions first additional provision second additional provision additional provision third fifth sixth additional provision additional provision four additional provision repealing Provision final exhibition of illustrations and the investments of the public administrations and in particular those of the Government, because of its national scope, have always been the most important part of the budget that the Government presents to the approval of the General Council each year.

The growing needs of long term investments and the cost that is made impossible for the most essential can be financed with budgetary payments during the time of execution of the works. This has led to increasing so often excessive weight of the multi-annual expenditure committed year after year.

One of the negative effects arising from this finding is that it is almost impossible to award works of importance and very large cost if not done by way of long-term administrative concessions, or equivalent formulas.

The majority of European States, and very significantly from our immediate surroundings, have solved this urgency in programming investments with different forms of financing. This has been done also in Andorra in the last years, in cases so significant as the buildings of the Envalira tunnel and waste treatment Centre of la Comella. In both cases it was necessary to introduce a specific Bill to the General Council for the legal instrument that would allow; otherwise you should not be able to do, or they would have absorbed a disproportionate part of the budgets of the State.

Andorra has, in addition, special characteristics with regard to its permanent population growth, tourism and traffic. Cannot find any other State, neither in Europe nor in the world, surely you have multiplied by ten its population in half a century. And unless you have received a flood of visitors to grow for many years to reach the current figures.

In addition, the orographic characteristics of the Pyrenean valleys of the country have concluded a fact well obvious: investments in infrastructure made by the General Council before, by the entities of public law, and by the Government since its inception, we have had to do with a size and forecasts which may not have with the demography of Andorra and also with much higher costs than those who originate the same works in farmland and more uniform climate throughout the year.

On the other hand, has already been accepted generally in Europe that if we want future generations to have a minimum essential infrastructures (motorways, highways, ports and airports, trains, sanitation, etc.), their cost will not be paid only the generations present charged to the annual State budget. This is a very long-term investment, which will be able to enjoy the citizens and visitors for many decades and, often, for centuries.

For this reason the debate on debt limited, virtually, to their overall volume in relation to the gross domestic product. No one no longer opposes, reasoned and reasonable manner, to the need for long durations in accrual based on the payment of large infrastructures and buildings. Is a cause of discussion, however, the need to define and control the overall volume of indebtedness, its relative weight in the annual budgets, and its parliamentary control.

In the context of this debate should give answers, both in normative level as well as in the management of resources, the problem that arises from preservation of the efficiency of the formulas and funding of infrastructure provided for in this law.

When the remuneration of the concessionaire was, in whole or in part by the Government or an organization or company, the diferiment of payment beyond the temporary threshold ordinarily scheduled for long-term expenses requires a very careful control and provided, so that the implementation of the budget involves an audit of the diligence of the successful tenderer and the correct value in the services they receive are citizens as final recipients of the activity of the successful tenderer.

In Europe these State endeutaments were caused by different reasons: initially, the civil war and reconstruction, after German reunification and the huge deficits in infrastructure of the new members of the EU, and in general, the need to invest in a few years what will serve for many decades. The endeutaments that they derive became in some cases very excessive, and gave rise to the directives and criteria established by the European Union in its founding documents of Maastricht.

If we refer to these directives, we can see that Andorra is very favorably with respect to all States more next, and most, with regard to the weight of the indebtedness of the State as a whole (Government, common and


entities of public law). Comparative table (table 1) that accompanies the report proves it. If we analyze right, also show that the United States less indebted are, almost always, those in which the needs of infrastructure still require a considerable increase in debt to get closer to those who now have very high, but the citizens of which enjoy a greater well-being.

The fact is that the payment to the very long term the great works allows a more affordable financing, and a release of budget headings for immediate improvements, social purposes, educational, health, cultural and sports, among others.

The award of full projects, and not in the partial sections, in groupings of companies that can meet a lot of human, technical and financial capacity, and the timely completion of the works while respecting deadlines shorter, will allow Andorra have long before the infrastructure you need. In this way the improvement of Interior communications and towards the outside of the healthcare, education and leisure facilities, and others who can benefit from the new funding formulas, will contribute to the creation of direct and unquestionable wealth-induced, and will contribute decisively to project an image much more welcoming for those who choose Andorra as a tourist destination , training, leisure or business. And what is even more important: allow you to improve the well-being and quality of life of all the inhabitants of the country.

While it is true that Andorra does not have great natural resources, like almost all of the United States much more indebted, and that the tax system is always perfectible, cannot solve the need for investment to leverage to increase taxes in a career without boundaries that already cost enough to reduce or limit as far as ordinary expenses. A prudent debt does not mean higher taxes tomorrow and yes it brings more quality of life immediately because the budget can allocate more resources to everything that represents an increase of attention on the most important social areas: education, culture, sports, health, safety and welfare in general.

For this reason, this law provides for the most modern forms and applied to all United States residents. The aim is to have a simple writing, which run away from excessive casuistry in similar laws. Taking into account the particular conditions of contract and execution of the works in Andorra for the reasons put forward before, they wanted the folds of conditions of each work apply the great principles of law and can be adapted to each work in a special way.

The law defined in the General provisions the purpose and scope of application.

As it is of great works of a general nature, it has been thought necessary to specify that the law only offers its potential transactions made by the Government, to the STA and FEDA.

The chapter first modifies the public procurement law to put a solid foundation to the concessions for the construction and exploitation of public works. As has been done individually in the two current examples of public concession, the law allows and regulates the private funding of the works and all foreseeable circumstances, even the rescue was delayed.

The second chapter also innovates in our legal and allows for the deferral of payments in annual fees to deliver the immediate investment effort in a few years during which the works will be domain and for public use.

Within the articles and also in the additional provisions, is expected to be the form of parliamentary control of the committed expenditure through the general budget and the multi-annual quotas, which should be appropriate for each assigned work in one of the forms provided.

General provisions Article 1 Purpose this law aims to regulate new forms of contracting and financing of public works not provided for in the public procurement Law, and specifically regulate the regime applicable to the contract for the concession of public works.

Article 2 scope of application forms for the contracting of public works provided for in this law, as well as the aspects relating to its financing, can be applied to contracts they have to any of the actions set out in article 13, 34 and 52 of the law on public contracts, provided that the contracting authority is the general administration, the Andorra telecommunications service (STA) or Forces Elèctriques d'Andorra (FEDA). To this effect when this law mentions the Administration, it is understood that it refers solely and exclusively to the general administration and to the two entities of public law referred.

Article 3 Application rollaway In anything not provided for in the present law, the provisions of the law are applicable to public contracts in force.

Chapter first. Public works concession contract Article 4 the contract of concession of public works 1. The contracts of the concession of public works are the ones that have to the writing of the project, if applicable, the execution of the works and the use, or only the exploitation of infrastructures that are mentioned in article 13, 34 and 52 of the law on public procurement of 9 November 2000, provided that they are subject to exploitation or economic exploitation and the consideration the dealer consists of the right to exploit the work or in that right together with the register a price.

2. The contract for the concession of public works may also have to object: a) the drafting of the project for the execution of the works, in accordance with the requirements set by the administration.

b) the adaptation of the work to the needs of the service or activity that you pay.

c) performances by replacement or major repair that are required in order to provide for adequate public service or activity to which you are bound.

d) compose the project, execution, conservation, the replacement and repair of all such works or linked to the main and that are necessary to improve the operation of the service or of the activity in which they are destined for the work.

e) The rendering of services related to the operation of the public service or performance of general interest that has been commissioned.

3. The contract will run the risk and ventura of the dealership, which has to assume all the risks of the financial execution of the work and of the exploitation of the concession, taking into account the provisions of article 11 of this law.


4. The system of financing of public works and the remuneration of the concessionaire will be determined by the Administration in accordance with the criteria of rationalisation of the investment of public financial resources and also in accordance with the nature of the work and the service that they pay later.

Article 5 feasibility study prior to the execution and exploitation in a franchise regime of work concedent Administration has to prepare a feasibility study.

This feasibility study should provide as a minimum: a) purpose and justification of the project and of the service or activity that you will provide.

b) studies of demand in the use and economic and social profitability of the concession.

c) study on the economic balance of the contract of concession, both with regard to the cost of the work as to the use of the same, with special reference to the duration of the contract.

d) risk analysis in the phases of implementation and operation.

This study is subject to public information during the period of one month. Once studied the observations made, the competent body will approve the feasibility study.

Article 6 Project if the complexity of the project so requires, the concedent Administration can agree on the wording of a draft project, which will include a feasibility study, in accordance with article 5, the execution and exploitation of the work. This project and the feasibility study will be subject to public information in the period of a month in which you can submit observations on any element of the draft and of the feasibility study.

Once studied the observations, the Administration will approve the draft and the feasibility study.

Article 7 the project and laying out In case he does not carry out the project, the Administration submitted the project directly to public information, as described in article 6 above. Once studied the observations, and return to the project, if necessary, the Administration approved the project and will proceed on the part of the concessionaire to its reconsideration.

Article 8 content of administrative terms of the concession contract the administrative terms and conditions of the contract of concession of public works must include at least the following: a) determination of the object of the contract.

b) procedure and the form of the award of the contract.

c) capacity Requirements and solvency financial, economic and technical capacity of the tenderers.

d) Amount and shape of the provisional guarantees and ultimate.

e) special features of the concessionaire.

f) Performance Objectives assigned to dealer. Indicators of quality.

g) rights and obligations of the parties during the execution of the work and exploitation.

h) system of reward from the dealership, as well as the causes and formulas for revision of prices during the execution of the work and the costs for the operation.

and applicable penalties and Sanctions) in case of breach of the obligations of the contract.

j) Destination of the works and of the subject of the contract when the contract runs out.

k) place, date and time for the presentation of offers.

Article 9 implementation of the concession contract 1. The performance of the contract shall be made, under the responsibility of the concessionaire, in accordance with that anticipating the terms and conditions and the technical specification.

2. The works and/or the management of the service or activity object of the concession will be made at the risk and ventura of the concessionaire, in accordance with the provisions of the tender the tender and contract documents to grant.

3. In all matters not provided in this law and in the folds of the tender and contract documents the concession in relation to the execution of the work subject to concession, will be the application of the second chapter of the law on public procurement.

Article 10 minutes of checking and home of the 1. Once finished the work, the Administration will proceed to the removal of the check from the State of the work. This Act will include an assessment of the works executed and their adaptation or not to the terms of the contract.

2. Approval of the minutes of checking will imply the authorization for the opening of the work to the use or public service, and will begin the phase of exploitation.

Article 11 rights of the concessionaire the folds of the tender and contract documents to grant must recognize the dealer the following rights: a) the right to exploit the work to the public and to perceive the economic compensation provided for in the contract of concession.

b) the right to maintain the economic balance of the contract throughout his life.

c) the right to use, with the authorisation of the Administration, the public domain goods necessary for the construction, modification, maintenance and exploitation of public works.

d) the right to sue the administration all administrative actions necessary in order that the dealership can carry out the work and the operation of the service.

e) the right to assign the contract and to jeopardise the granting, in accordance with that established in the laws, with the prior authorization of the contracting authority.

f) the right to be securitised credit rights, in the terms established in the present law.

g) the right to an extension of the concession if a delay in the execution of the works, for reasons not attributable to the concessionaire, force majeure or attributable to the public entity concedent.

h) the right to the restoration of the economic balance of the concession in the cases in which it suffers some variation that compromise the economic viability of the contract, as a result of a modification of the contract ordered by the Administration, a regulatory change, of coping with unpredictable circumstances or of force majeure.

I) the right to terminate the contract, if for the reasons described in the previous section it is not possible to restore economic balance of the concession or the performance of the contract becomes impossible.

j) any other right provided in the laws or in the folds of the tender and contract documents to grant.

Article 12 obligations of the concessionaire The concessionaire's obligations are the following: a) to execute the work in accordance with the laws and the folds of the tender and contract documents to grant.

b) exploit the work, assuming the risk of the economic management, in accordance with the terms provided in the contract or order subsequent to the administration.

c) Allow the use of the work subject to concession on the part of users, in accordance with the conditions agreed by the administration.


d) care for the quality of the work subject to concession and its good use.

e) Respond at any time to the information requirements of the administration.

f) Collaborate with the inspections to make the directors.

g) to indemnify the damages and damages that may be caused to third parties as a result of the execution and of the exploitation of the work, except in cases in which damages are attributable to the administration.

h) endure the penalties set out in the specifications of the tender and contract documents to grant.

and) all the other obligations set out in the laws or in the folds of the tender and contract documents to grant.

Article 13 prerogatives and powers of the Administration the Administration, in defence of the public interest and within the limits and subject to the requirements provided for in this law, you can: a) Interpreted unilaterally the contract and resolve any doubts arising from their content.

b) to modify the contract for reasons of public interest, duly justified.

c) Reset the economic balance of the concession in the event of modification of the conditions of the concession, when you give causes of force majeure or any other reason provided for contractually.

d) agreed to the termination of the contract and its effects. In this case, the Administration has to compensate the dealer as long as the resolution is not the result of a breach of any of the essential obligations of the dealer contract.

e) Set maximum fees for the operation of the service.

f) to monitor and control the dealership both in the phase of drafting the project, if applicable, as well as implementation and exploitation of the work.

g) Impose the penalties provided for in the tender of the tender and contract documents to grant.

h) take on the exploitation of the work in the case of rescue of the concession.

and police functions) in the use and operation of the public works.

j) temporary and exceptional measures Taken that are necessary to deal with the issues that affect the provision of the public service to which the work is intended.

k) any other who can fix the laws or the folds of the tender and contract documents to grant.

Article 14 liberty of covenants the folds of the tender and contract documents the concession of public works may contain any Covenant, condition or clause, as long as they are not contrary to the public interest, in the legal system and the principles of good administration.

Article 15 Hijacking of the award 1. When the dealership is unable to deal with the exploitation of the work or seriously violate any of its essential obligations of the contract, with the hearing of the concessionaire, the Administration can agree on the temporary abduction of the concession. This agreement must notify the dealer because the deadline fixed for the purpose to fix the deficiencies that cause of the kidnapping. If the dealer does not remedy the deficiencies reported in the deadline, will run the kidnapping of the concession.

2. Once you have carried out the kidnapping, corresponds to concedent the exploitation of the public work and the perception of the consideration set and you can use the same personnel and material from the dealer. The exploitation of public works purpose of the kidnapping will be paid by account and risk of the concessionaire, who will be returned at the end of the period of the kidnapping, with the resulting balance after meet all expenses and deduce if the amount or amount of the penalties imposed.

3. In the event that the dealer does not have the deficiencies within the period granted, the Administration can proceed with the termination of the contract.

Article 16 public funding of works subject to concession 1. The public works concession object are financed totally or partially for the exploitation of the work by the dealer.

2. The Administration may decide to apply other forms of financing that involve the contribution to the concessionaire of financial support of any kind or not, subject to the payment of interest.

3. You can also participate in the financing of the projects object of granting other administrations or public institutions, national or foreign.

4. The specifications of the tender and contract documents should expressly envisage concessionary financing mechanisms described in the previous sections.

Article 17 private financing of works subject to concession 1. The dealership can appeal to credit in the capital market, both outside and inside, through the issuance of all types of debentures, bonds or other similar securities admitted in law. The issuance of the debentures, bonds or other titles mentioned above must be communicated to the contracting authority within a maximum period of one month from the date on which each issue, and may not have a period of total or partial refund of the end on date after the completion of the concession.

2. You can cast values that represent a participation in one or more credit rights in favour of the concessionaire consisting of the right to payment of the fees, the revenues that you can get to the exploitation of commercial items related to the concession, as well as the corresponding to the contributions that, if necessary, to carry out the administration. In the case of transfer of contributions to make to the Administration, it must notify the contracting authority.

3. participatory credits are allowed for the financing of the construction and operation, or only the exploitation of the public works concession object.

In these cases, the participation of the lender is on the income of the dealer. The concessionaire can recoup in advance the capital provided in the agreed conditions. Exceptionally, public authorities can contribute to the financing of the work through the granting of participatory credits.

The obtaining of these credits must be communicated to the contracting authority within a maximum period of one month from the date on which you were granted each of these credits.

Article 18 granting Mortgage 1. The concessions of public works with the goods and the rights they get added are hipotecables with the prior authorization of the administration.

Not supported the mortgage of concessions of public works in warranty of debts that have no relation to the corresponding concession.

2. Where appropriate, the resolution of the concession for breach of any of the obligations of the concessionaire, the Administration, before issuing resolution, must


give audience to the mortgage if the creditor offers subrogation in the compliance and Administration considers compatible with the good order of the concession.

3. If the secured obligation has not been satisfied wholly or partially at the time of its expiration, before promoting the procedure of execution, and the mortgage may exercise the powers that have been provided in the deed of incorporation of mortgage.

4. The successful tenderer, in the procedure of foreclosure, it is subrogat in the position of the dealer with the prior administrative authorization in the terms established in the following section.

5. Everyone who wishes to participate in the procedure of foreclosure in quality of eventual bidder or contractor must notify the contracting authority in order to obtain the corresponding administrative authorization.

6. If the auction is deserted or any interested party is duly authorized by the contracting authority to participate in the process of foreclosure, the Administration concedent can choose to arrange the kidnapping of the concession or to resolve it and, with the prior agreement with mortgage creditors, you can fix the amount of the debt and the conditions under which it should be amortitzada. In the absence of agreement, the Administration is released with the availability of the creditors of the amount of compensation that corresponds to the concessionaire by application of the provisions of this law.

Article 19 termination of a contract of concession of public works 1. The concessions of public works will be discontinued for compliance or resolution.

The concession is meant entirely for fulfillment in the time that has elapsed the deadline initially or, if applicable, the result of extensions or reductions that have been agreed to.

2. Begin concession, they burn out also all contracts related to the concession and the dealership for delivery to the Administration in a good state of conservation and use of all works, goods and facilities included in the concession.

Article 20 duration of the concession The concession of public works will have the duration determined by the specifications of the contract and may be carried over up to maximum limit expressly 40 years.

Article 21 grounds for termination Are potestatives causes of termination of the contract of concession of public works as follows: a) The death or disability of the individual or dealer acquired the extinction of the legal status of the concessionaire.

b) the Declaration of bankruptcy, suspension of payments, insolvency or bankruptcy proceedings of bankruptcy in any procedure or the quitament agreement and hopes.

c) foreclosure declared deserted or inability to initiate foreclosure proceedings for lack of interested parties authorised to do so in cases where appropriate, in accordance with the provisions of this law.

d) The mutual agreement between the concedent and the dealership.

e) abduction of the concession – to a maximum greater than the established – without which the contractor has guaranteed the full assumption of its obligations.

f) the delay than twelve months by the Administration in the delivery to the dealer of the consideration, the land or the ancillary resources that are obliged according to the contract.

g) the rescue of the exploitation of the work by the administration. It is understood by the unilateral declaration of the contracting body rescue, adopted at its own discretion, which gives to the end of the concession, in spite of the good management of its owner.

h) Suppression of the exploitation of public works for reasons of public interest.

I) impossibility of the use of public works as a result of the agreements adopted by the Administration later concedent in the contract.

j) abandonment or unilateral waiver, as well as the non-compliance on the part of the concessionaire of its essential contractual obligations.

k) any other expressly foreseen in this or causes another law or the contract for the concession.

Article 22 the purpose of the resolution 1. In the case of resolution, the Administration must pay the dealer the amount of the investments made by the execution of construction works and the purchase of goods that are necessary for the operation of the concession. If the dealer has counted among its resources with funding from third parties, the excess shall be paid only after resolving the obligations with these third parties.

2. In the cases of paragraphs g), h) and i) of the previous article, and without prejudice to the provisions of paragraph 1 of this article, the concedent Administration has to compensate the concessionaire for the damages that you irroguin.

3. When the contract is resolved due to causes attributable to the concessionaire, will be confiscated, the security deposit and, in addition, has to compensate to the Administration concedent for damages caused with the amount that exceeds the amount of the guarantee bond.

4. When the contract is decided by mutual agreement, the rights of the parties have to adapt to that has been validly stipulated between the parties.

Second chapter. Contracts of work with the total payment of the price subject to Article 23 1. The Administration may pay the entire price of the contracts of work provided for in the law on public contracts in a single payment at the time of the end and the reception in accordance with the work or, as of this moment, in various deferred payments on monthly or annual payments, and to oblige the contractor to finance the construction of the work and to advance the necessary amounts until it made the total subscription price.

2. The number of years provided for in the previous paragraph may not exceed 20 years.

Article 24 legal status 1. This type of contracts will be governed in that not foreseen in this law to the provisions of the second chapter of the law on public procurement.

2. The payments to meet once the work must be valued by sponsors from the start of the contract.

3. The specifications of the tender and contract documents the concession provided for in this chapter must necessarily include the specific conditions applicable to the financing of the projects.

4. The commitment of expenditure shall be the subject of appropriate independent accounting. In the budget of expenditure of the exercises in which they have to produce the payment, shall the corresponding credit with preferential character.

First additional provision additional provisions the Administration can, through competition, awarded to any entity, with


proven financial solvency, payment obligations arising from public contracts of work of those who are part of the Administration and payments to the contractor of the work, that this has been able to give to a third party.

The adjudicator of the competition you have to replace in the obligations of the Administration, under the terms they fix the folds of the competition and without that the contractor of the work to oppose the contract. The adjudicator of the competition cannot replace the obligations of the Administration described for a period exceeding 40 years.

Using this procedure, the Administration may be recovered, in whole or in part, the expenditure made, establishing the specifications of the form and the time of return of the financing obtained, as well as the requirements of financial solvency that must comply with the contracted entities.

The Administration can only allocate the funding obtained in accordance with the previous provisions on the investment in infrastructure and/or equipment.

Second additional provision added to art. 29 of the general law of public finances of December 19, 1996 the following sections: "8. When housing investments are regulated in the law of accompaniment of the law of the budget for the financial year 2008 on new forms of contracting and financing of public works, the general administration, the Andorra telecommunications service (STA) and Forces Elèctriques d'Andorra (FEDA) must include the sponsors that make it possible to finance the payments of contracts. For this purpose, the maximum limit of annual payments referred to in paragraph 1 of article 29 will be able to expand to the general administration and the two entities of public law relating depending on the needs that require the proper development of the contract provided that the general budget law established otherwise under the circumstances and the maximum amount for the year.

9. With the character of expenditure to the general budget, integrated into the cost of capital and subject to both the control of the General intervention, in accordance with article 44.4 to e) and B), as the principle of reservation of law of article 2 f), the Government will establish annually within the structure of fingers quotes a "background of contracting and financing of public works" that will provide annually , and up to the end of each contract, for the amounts that are necessary to meet the commitments of expenditure arising from contracts awarded in accordance with the law to accompany the budget Law 2008 about the new forms of contracting and financing of public works. ".

Third additional provision In all procedural aspects of phases of the contract will apply the law on public procurement of 9 November 2000. This law will be supplementary to this.

Fourth additional provision For contracts of this law, the budget phases will be subject to proper accounting, in the budgets in which we have to deal with the payment of the fees or the full payment.

Fifth additional provision in all matters not foreseen in chapter V "contracts of technical work and services" of the public procurement Law of 9 November 2000, applies the provisions of the second and fourth chapters in relation to contracts for works and supplies, respectively, according to the subject-matter of the contract that he also gains.

Sixth additional provision the Government should include in the annual budget law, an inventory of public works contracts which provides finance through the procedure established in the present law, to be approved by the General Council. The above-mentioned inventory must specify also the contractual modalities have been chosen, the legal regime of the proposed agreements and the deadlines for financing of the projects.

Repealing provision abolishes all rules of rank less than or equal to the public procurement Law of 9 November 2000 and the general law on public finance of 19 December 1996 and others that contravene the provisions of the present Law or versus offline.

Final provision this law enters into force on the same day to be published in the official bulletin of the Principality of Andorra.

Casa de la Vall, 15 May 2008 Joan Gabriel i Estany Syndic General Us the co-princes the sancionem and promulguem and let's get the publication in the official bulletin of the Principality of Andorra.

Nicolas Sarkozy Joan Enric Vives Sicília and President of the French Republic and the Bishop of Urgell Co-prince of Andorra Co-prince of Andorra