Category Archives: Costa Rica

Opportunity to Participate in Broadcasting Frequency Tender

The Superintendence of Telecommunications (SUTEL) has published the terms and conditions for three competitive bidding procedures aimed at awarding the following broadcasting frequencies: AM Radio: Bands from 525 kHz to 1705 kHz. FM Radio: Bands from 88 MHz to 108 MHz. Television: Segments from 174 MHz to 216 MHz and from 470 MHz to 608…

BLP Wins Two LatinFinance 2025 Awards for Infrastructure Leadership in Central America

San José, October 2, 2025. Recognized for Legal Excellence and Transformative Project Structuring in the Region BLP has received two prestigious awards from the 2025 LatinFinance Project & Infrastructure Finance Awards: Infrastructure Law Firm of the Year – Central America Infrastructure Financing of the Year – Central America, for the San Cristóbal Green Academics and…

BLP advised IFC on USD 200 million financing to BAC Costa Rica for women-led MSMEs and sustainable projects

BLP advised the International Finance Corporation (IFC), a member of the World Bank Group, on a USD 200 million loan to BAC Costa Rica, the country’s largest private bank, aimed at strengthening its credit programs for micro, small and medium-sized enterprises (MSMEs)—particularly those led by women—and expanding investments in sustainable projects. The financing package provides…

BLP advises FIFCO on the sale of its food and beverage businesses to HEINEKEN

BLP acted as legal advisor to FIFCO in the execution of a binding agreement to sell to HEINEKEN N.V. (“HEINEKEN”) the remaining 75% equity stake in its subsidiary, Distribuidora La Florida S.A., enabling HEINEKEN to acquire its beverage, food, and retail operations in Costa Rica, Guatemala, El Salvador, and Honduras, as well as its beverage…

New CGR criteria on contingency costs: what public bidders need to know

In July 2025, the Comptroller General of the Republic (CGR) issued resolution R-DCP-SICOP-01324-2025, introducing a change in its criteria regarding the contingency costs included in the price structure of public contracts. According to the CGR, and in line with Articles 42 and 102 of the General Regulations to the Public Procurement Law (RLGCP), the price…

Regulatory Updates – September 2025

Resolution on the Facilitation of Marketing Authorizations The Ministry of Health has established an expedited procedure for the marketing authorization and post-approval changes of medicines previously approved by WHO-listed authorities (WLA). Key aspects: Scope of application: Medicines authorized by WLAs and post-approval changes equivalent to RTCA 11.03.59:18. Exclusions: Not applicable to homeopathic medicines, radiopharmaceuticals, or…

The Arbitration Clause in Lease Agreements: Practical and Legal Implications of Not Excluding Eviction

Author Felipe Fernández Associate Costa Rica E-mail Arbitration clauses in real estate contracts have become increasingly common, primarily because of the advantages arbitration offers as an alternative dispute resolution mechanism: greater speed, confidentiality, and technical specialization of arbitrators. However, there are situations in which such a clause can be counterproductive and, instead of providing efficiency…

The Expert Committee in Major Public Works Tenders

Author Francisco Obando Director Costa Rica E-mail If you are planning to participate as a bidder in a major public works tender (such as highways, aqueducts, public buildings, ports, etc.), note that the Public Procurement Law (LGCP) requires the mandatory establishment of an Expert Committee as part of the dispute resolution mechanisms during contract execution….

Global Entry and Its Impact on the International Mobility of Costa Ricans

Author Natalia Solórzano Associate Costa Rica E-mail Global Entry and Its Impact on the International Mobility of Costa Ricans Costa Rica’s recent inclusion in the Global Entry program marks a significant shift in the dynamics of international mobility between the two countries. This agreement not only streamlines the entry process for frequent travelers to the…

ILO Convention 190 on Violence and Harassment at Work Is Approved

The Legislative Assembly has approved, in a second debate, Convention 190 of the International Labour Organization (ILO), the first international treaty that recognizes the right of every person to a work environment free from violence and harassment, including behaviors motivated by gender. By ratifying the convention, the country commits internationally to adopt legislation requiring employers…