Real Decreto Legislativo 3/2011, de 14 de noviembre, por el que se aprueba el texto refundido de la Ley de Contratos del Sector Público. | BOE-A-2011-17887 — Spain law | Esheria

Real Decreto Legislativo 3/2011, de 14 de noviembre, por el que se aprueba el texto refundido de la Ley de Contratos del Sector Público.

This provision says the law regulates public-sector contracting and the legal regime for administrative contracts.

AI-assisted research synopsis — verify against the official legal text below.

Jurisdiction
Spain
Instrument
Decree law
Citation
BOE-A-2011-17887
Version
Undated source snapshot
Language
es
Updated
Official source
View official record ↗
EU companies IT and communications equipment IT procurement accessibility accounting separation acreditación de requisitos previos acreditación documental adjudicación adjudicación de contratos adjudicación de contratos de obras adjudicación de lotes administrative authorization administrative bodies administrative collection administrative competence administrative concession termination administrative contracting administrative contracts administrative law administrative powers administrative procedure administrative procedures administrative resolution administrative specifications +597 more

Statute overview

About this statute

The guarantee covers listed contract-related risks, including penalties, poor performance, delay-related costs, damages, forfeiture in termination cases, and, for supply contracts, defects in the goods during the warranty period. The contracting administration has priority over other creditors when enforcing a guarantee, and if the guarantee is not enough, it must collect the shortfall through administrative enforcement. The guarantee generally cannot be returned or cancelled until the contract is completed and the guarantee period has ended, but the Administration must return or cancel it once the legal conditions are met. The contracting authority may require bidders to post a provisional bid guarantee, with a maximum amount of 3% of the contract budget excluding VAT. The contracting authority may require a guarantee in certain public-sector contracts, and it sets the amount and how the guarantee is returned or cancelled.

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