Procurement

​​​​​​​​​​​​​​​​​​​​Applicable law​

According to article 52 of the Law 11/2015, of 18 June, exceptionally, the FROB may enter into agreements with third parties to undertake any material, technical or instrumental activities when necessary for suitably carrying out its functions as Resolution Authority established in this Law, subject to the principles of transparency and competition, except in exceptional and urgent cases. For the rest of the contracts, the applicable procurement regulation is that laid down in the consolidated text of the Public Sector Contracts Law enacted by Legislative Royal Decree 3/2011 of 14 November for contracting authorities that are not public administrations.

Nevertheless, as from 9 March 2018 with the entry into force of the Law 9/2017, of 8 November, on Public Sector Contracts (which repeals the consolidated text of the Public Sector Contracts Law enacted by Legislative Royal Decree 3/2011 of 14 November), the contractual activity of the FROB is ruled by the provisions established in the aforementioned Law.

The conclusion of those necessary contracts for suitably carrying out the functions of the FROB as Resolution Authority is governed by the Internal Contracting Rules, approved by the Governing Committee on 16 May 2017. These rules are currently being adapted in accordance with the fifth transitional provision of the Law 9/2017, of 8 November.

Internal Contracting Rules

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Contracts awarded per year

    Average period of payment to suppliers

    Average period of payment to suppliers. Description

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