Glossary entry

Spanish term or phrase:

porcentaje de onerosidad

English translation:

percentage profit-costs mark-up

Added to glossary by Adrian MM.
Nov 10, 2022 18:13
1 yr ago
30 viewers *
Spanish term

porcentaje de onerosidad

Spanish to English Law/Patents Law: Contract(s) Licitación en Panamá
ara este acto público, se considerará un ***porcentaje de onerosidad*** de diez por ciento (10%) por encima del precio de referencia, incluyendo el ITBMS.
Será descalificada para los efectos de la adjudicación y su propuesta no será válida, toda propuesta por arriba del porcentaje de onerosidad del precio de referencia
Change log

Nov 20, 2022 18:25: Adrian MM. Created KOG entry

Discussion

philgoddard Nov 10, 2022:
Could it mean that the bid is overpriced if it's more than a certain percentage above the reference price? If so, you could call it a price cap.

Proposed translations

+1
1 hr
Selected

percentage profit-costs mark-up

I agree - for once- with Phil G.'s mark-up (or surcharge) in the discussion entry, but think the nature of the onerosidad, as a charging mechanism, needs to be clarified (cf. Umtriebskosten in DEU www.proz.com/kudoz/german-to-english/law-general/5842720-um... .

Neither weblink may be on all fours with the question, nor IMO - as we will recall from corporate winding-up in Anglo-Am. company law - is it anything to do with receivers or liquidators 'disclaiming' onerous contracts & leases.

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Note added at 1 hr (2022-11-10 19:54:54 GMT)
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https://www.proz.com/kudoz/german-to-english/law-general/584...
Example sentence:

Once a contractor has estimated his hard costs, he will mark up for overhead and profit to determine his bid price.

Peer comment(s):

agree Robert Carter : Perhaps simplify it to "profit shall be capped at 10%"?
9 hrs
Thanks and gracias, Robert. The price 'cap' seems to be an incidental though, in bidding and legal practice that some UK accountants may be unaware of, a profit-costs mark-up could be open-ended.
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4 KudoZ points awarded for this answer. Comment: "Many thanks everyone. I'm so sorry I took so long to reply, I was stricken with some horrible virus. "
+1
12 hrs

extra percentage cap

given the context
Peer comment(s):

agree Andrew Bramhall : Agree with this answer and PG's comments above.
1 day 8 hrs
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Reference comments

47 mins
Reference:

Refs.

https://ww.panamacompra.gob.pa/Documentos/DOC ESTANADARES/DO... percentage
%20CARGOS/CONSULTORIA/Manual%20de%20Uso%20PRL-0060%20-%20Pliego%20de%20Consultor%C3%ADa%20-%20Licitaci%C3%B3n%20P%C3%BAblica.pdf
PROPUESTAS ONEROSAS [Cuando aplique a criterio de la entidad licitante]
Para este acto público, se considerará un porcentaje de onerosidad de _______% por encima del precio
de referencia. [La entidad licitante podrá determinar incluir porcentaje onerosidad]
[Cuando aplique] Se considerará onerosa toda propuesta que esté por encima de la suma de
B/._______________.

https://www.proz.com/kudoz/spanish-to-english/business-comme...
GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase: onerosidades
English translation: compromising offerings or gifts

Example:
DRAE
contrato oneroso
1. m. Der. contrato que implica alguna contraprestación.
Contrato oneroso (en latín: contractus onerōsus)? es un tipo de contrato en que ambas partes tienen obligaciones y ventajas económicas recíprocas.1 Los contratos onerosos más comunes son la compraventa, el arrendamiento, la sociedad, la permuta, el transporte y el contrato de trabajo.

https://es.wikipedia.org/wiki/Contr­­ato_onerosoreciprocal contract or contract with reciprocally binding contract

reciprocal contract
In law, a reciprocal obligation, also known as a reciprocal agreement is a duty owed by one individual to another and vice versa. It is a type of agreement that bears upon or binds two parties in an equal manner.
https://en.wikipedia.org/wiki/Recip­­rocal_obligation

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Found "reciprocal percentage"
(PDF) Toward a New International Order in Government ... - PDFSlide https://pdfslide.net › Documents
opening of bids for the first Hoover Dam contract, which was to have taken place on February ... would offer a reciprocal percentage of that market in both.

SEC Form 17-A (2020.06.19) - LBC Express Holdings https://www.lbcexpressholdings.com › 2020/06/22
PDF
22 Jun 2020 — All partners collect a reciprocal percentage of service fees for performing services on behalf the other. The Group believes that its strategic ..
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