On February 6, a new law was adopted by the Federal District – one of the 27 districts of Brazil – requiring the implementation of a compliance program by companies seeking to enter into contracts, partnerships, agreements, concessions, or public-private partnerships with the public administration of the Federal District, in amounts equal to or greater than the bidding price, estimated between BRL 80,000 and BRL 650,000.
This requirement only applies to contracts with a term equal to or greater than 180 days. In case of non-compliance with the law requirements, a fine of 0.1% of the contract value may be daily imposed. Earlier in December 2017, the district of Rio de Janeiro had already published a similar law, making it mandatory for companies entering into contract with the public administration of the State of Rio de Janeiro to implement a compliance program (see our newsletter of 12/11/2017).