>[26.Apr.10] General - Public bids and incentives for innovation
Amendments to the Law no. 8666/1993
Source: Infomail ABREU, MERKL no. 31

Apart from other changes to the legislation related to innovation, the Provisional Measure (MP) no. 495, of 19.Jul.2010, introduced amendments to Law no. 8666/1993, which establishes the conditions and procedures for public biddings in Brazil.

One of the main changes provided by the MP is the definition of a “preferential margin” in order to benefit bid offers that: (i) generate jobs and income; (ii) produce effects in tax collection; and (iii) involve the development and technological innovation realized in Brazil.

On item 12, the MP Statement of Grounds expressly justified the institution of a preferential margin associated with technological innovation in Brazil due to the fact that “relatively few patents are being registered in comparison with developed countries”. The MP must yet be converted by the Congress into law in order for the changes to become definitive.

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