AUTHORIZATIONS TO ENTER INTO CONTRACTS. The General Manager of the Company or their alternates are authorized to enter into any contract regardless of its amount, as Contracting Party or as Contractor, except for the limitations defined in the bylaws. Likewise, in the case of goods and services acquired for the business group companies, regardless of their amount, they are authorized to act in the name and on behalf of these companies, as well as to be in charge of the precontractual stage of the contracting process up to the recommendation of award or award, as the case may be. PARAGRAPH: When the amount does not exceed two hundred and twenty thousand Tax Value Units (220.000 UVT), the General Manager or his alternates may delegate, totally or partially, to the Vice Presidents, Area Managers, Procurement Director, team coordinators in the Procurement Department, and other managers, the following competences:
