BackOn April 10, 2025, the Senate approved the bill presented by the Federal Executive, and previously approved by the Lower Chamber (Cámara de Diputados), with the draft decree enacting a new Public Sector Procurement, Leasing, and Services Law (the “New Procurement Law”) and amending, supplementing, and repealing several provisions of the: (i) Federal Law on Republican Austerity; (ii) Law on Social and Solidarity Economy, and (iii) General Law on Cooperative Corporations (the “Bill”). Pursuant to the above, the Initiative was sent to the Federal Executive for its sanction and publication in the Federal Official Gazette (Diario Oficial de la Federación).
