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BREAKING NEWS
Cristian Espinosa was appointed Ambassador of Ecuador to the United States
Daniel Noboa receives the credentials of the new United States ambassador
40,000 women will receive scholarships in higher education
Julian Assange released from prison, after agreement with the United States
Armed Forces: Criminal gangs have lost USD 1.2 billion due to military operations in Ecuador
Minister of Defense: “It is not fair that some risk their lives, while others play with justice”
How can green banana flour enhance baked goods?
“I’m crazy for wanting to serve my country,” says Daniel Noboa at the presentation of “La Cárcel del Encuentro” in Santa Elena
Construction of the Encuentro maximum-security prison in Santa Elena begins
National blackout in Ecuador due to transmission line failure, confirms the Government

Executive proposes changing appraisals to the property expropriation

Posted On 30 Oct 2014

expropiaciónPresident Rafael Correa sent a reform to the Law on the National System of Public Contracting, in which he proposes to amend the conditions under which the government acquires real property through expropriations to fund  public works.

The Executive proposed that for the fixing of prices those established in they area “in effect at the time of the announcement of the project, carried out by the respective public authority,” should be considered.

He also suggests than for fixing the final appraisal, to the established by the Appraisal Management of the Municipality, all rue works performed by the owner shall be added, whereafter the surplus value will be deducted from public works and other  to the  action of the owner.

Richard Calderón (AP), President of the Autonomous Government Commission, and Henry Cucalón (PSC-MG), a member of the same table, agreed that the proposal is intended only for the case of expropriation.

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