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Peru : Indicators

2012 > 20 Key Indicators 2012 > Reports on the Verification Process of Eligibility of Commercial Operators

There is currently no process, nor is one planned by law, to verify the technical and financial capacity of applicants; the only assessment carried out is whether the applicant meets the minimum conditions to enter into a contract with the State (having a Tax Identification Number-RUC; authorised representatives; a Management Plan; and others).

As there is no process for verification of applicants, the information is not available, nor have the decision-making processes been affected.

It is considered that this type of verification should be carried out to determine the suitability of the holder of the right of operation, with implementation of measures for strengthening abilities, given that experience has shown that a number of licence holders do not have the sufficient technical and/or financial capacity and end up transferring their rights under the contract to third parties, or begin operation of the natural resource without the correct technical parameters.

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