Privatization & Government Contracts
There are more opportunities than ever before for private companies to contract with governments, as public bodies increasingly look at their privatization options. Many savvy businesses in various industries are taking advantage of these trends. While entering contracts to provide services to local, national, and regional governments may be lucrative–they also come with legal pitfalls. Before taking overt steps to enter into agreement with public bodies, it is imperative to seek the counsel of experienced government contract attorneys. Our legal team at Alvarado y Asociados has been involved in some of the largest and most complex privatization and government contract deals in Nicaragua.
Private entities wanting to enter into a government contract or take advantage of the privatization of a national industry can find themselves faced with a daunting and confusing process. Privatization and entering into a contract with the government is not as simple as a transaction occurring between two private parties. Often there are specific requirements that must be met in order for the privatization or contracting process to begin. In addition, precautions need to be taken to avoid problems down the road. If a dispute arises, it is critical to have worked with legal counsel throughout the process so that you are best positioned to protect your interests and advocate for your rights.
If you are considering entering into a government contract or participating in the privatization of a national industry or company, consult with the legal team at Alvarado y Asociados first. Our knowledgeable staff and attorneys can advise you of what considerations you should make and how to secure the most favorable terms in these types of transactions.