How to Bid for Governmental Contracts in the Renewable Energy Industry in Chile?

The renewable energy industry in Chile provides lots of opportunities for business. Firstly, Chile´s diverse territory offers the perfect conditions for the production of solar energy, wind energy, marine energy, geothermal energy and some other renewable energies. Furthermore, Chile also has a stable political environment and a prospective economy. These factors make the renewable energy sector in Chile a very interesting destination for investment. However, investing in foreign countries can be complex at times due to legal and cultural differences. Therefore, in this article, we will explain how to bid for governmental contracts in the renewable energy industry in Chile.

How to Bid for Governmental Contracts in the Renewable Energy Industry in Chile?

Chile has the perfect conditions for solar energy and other renewable energies.

One of the options to invest in the Chilean renewable energy sector is by obtaining governmental contracts that allow the owner to build and/or operate within that specific area. One way that the Chilean government awards governmental contracts for renewable energy projects through tenders. These contracts are eventually awarded by the National Energy Commission of Chile. The winning bid will also be published, including the name of the company and the value of the bid.

In order to bid both foreign and local bidders on government tenders must first register at the Chilean Bureau of Government Procurement Supplies (Dirección de Aprovisionamiento del Estado). In addition, they must also post a bank and/or guarantee bond. The value of this bond usually around ten per cent of the total bid. This is to ensure compliance with specifications and delivery dates. Furthermore, it is required that the tenders are made in written Spanish. Moreover, it is recommended to do the bidding through a local agent who is experienced with the government bidding process, registered and well-connected.

Chile also has free trade agreements with many countries that ensure that the bidding process is on a non-discriminatory base. Hence creating equal opportunities for both foreign and local bidders. Furthermore, the tender opportunities should be published at least thirty days in advance and technical specifications or requirements should be performance-based. Some of the tenders can be found on Globaltenders.com.

Where can you find more information?

As mentioned before, when doing business abroad can some complexities. At Biz Latin Hub we have a team of local and expat professionals who offer services that can help you to overcome all difficulties when doing business. Get in contact with our team in Chile at  here and see how we can help you.

Watch this video to learn more about our market entry services:

Receive the latest news and advice about expanding your business globally.


Subscribe to our newsletter to receive the latest business news and advice about entity formation, legal entity compliance, accounting, back office and fiscal requirements.

  • This field is for validation purposes and should be left unchanged.

Marketing permission: By submitting this form, I give my consent for Biz Latin Hub to be in contact with me via email using the information that I have provided in this form and for the purpose of providing me updates about doing business, entity formation, legal entity compliance, accounting, back office services, PEO and/or for marketing purposes.

What to expect: If you wish to withdraw your consent and stop hearing from us, please simply click the unsubscribe link at the bottom of any email that we send or contact us at [email protected]. We value and respect your personal data and will do the utmost to protect it. By submitting this form, you agree that we may process and use your information in accordance with the stated terms and conditions in our privacy policy.

Pin It on Pinterest

Share This

Share This

Share this post with a friend or colleague!