Power Sector Privatization Law Drafting
Latin America and the CaribbeanOctober 22, 2020
K&M served as technical and financial consultants to the Government of the Dominican Republic (GoDR) on behalf of the US Agency for International Development (USAID) under subcontract to RCG/Hagler Bailly. K&M provided the GoDR with a format for reviewing and evaluating Independent Power Project (IPP) proposals submitted by private developers. Subsequently, K&M assisted in drafting the enabling legislation. Law No. 14-90, ratified on February 1, 1990, became the cornerstone for implementing the proposed sector reform program and established the framework for encouraging private participation and investment. The law also set forth procedures for creating a new agency, the Directorate for Development and Regulation of the Electric Power Industry, to plan, coordinate and regulate the power sector.