Page 11 - Bulletin No. 14 - Free Competition

Statistics from January to December 2017
of the Unit of Analysis of cost increase PANAMÁ
consumers can find the online validation application form, BOLETÍN de Libre Competencia

ACODECO from January to December 2017 has received under the icon PROYECTOS INMOBILIARIOS (Real
Estate Projects).
two hundred twenty eight (228) validation requests for
increases in construction materials costs of which, two Once the online form appears on the screen, the
hundred and nineteen (219) have been requests for consumer is asked to fill in a full name, personal identity
verifications by consumers and nine (9) requests for prior card, address, telephone number, email and reasons for
validations by economic agents. the claim. In addition, he is asked to attach the following

It should be noted that, for this year 2017, 60% of documents: copy of the consumer's personal identity card,
copy of the initial purchase agreement and addenda, copy
consumers have personally approached the offices of of the increment note.
ACODECO to request validation of the increase in
construction materials and 40% of consumers used our Direct benefits to the consumer:
service via the web, saving time and costs of transport.
• The consumer does not need to go to our offices
Consumers have received notifications of increases in the because the entire process of verification and response to
prices of construction materials from the promoters for a the request is done in the web. Representing consumers
total amount of B /. 945,533.32 of which ACODECO has saving time and money.
validated an amount of B /. 388,281.29 that is to say that • Personalized attention by a team of lawyers and
36% of the cost increases were validated, resulting in economists.
savings for consumers of B /. 557,252.03. • A technical analysis in accordance with the

On the ACODECO website, www.acodeco.gob.pa, regulations currently established for this type of price
adjustment.

IN NUMBERS 11