Vatican City, Jun 22, 2021 / 15:00 pm
The Vatican’s Secretariat for the Economy issued on Tuesday a set of regulations related to new norms for awarding public contracts unveiled by Pope Francis last year.
The regulations are contained in a decree signed by Fr. Juan Antonio Guerrero Alves, S.J., the Pontifical Delegate and prefect of the Secretariat for the Economy.
The decree, consisting of 49 articles, concerns the pope’s apostolic letter, “Norms on transparency, control and competition in the procedures for awarding public contracts of the Holy See and Vatican City State,” dated May 19, 2020.
The apostolic letter, issued motu proprio (“on his own impulse”), outlined new procedures for awarding public contracts that aim to increase oversight and accountability, and ensure the Vatican and Holy See work only with vetted financial partners.