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Article L2192-15 of the French Public procurement code

The public undertakings defined in II ofArticle 1 of Order no. 2004-503 of 7 June 2004 transposing Directive 80/723/EEC on the transparency of financial relations between Member States and the contracting entities mentioned in 2° and 3° of Article L. 1212-1 are liable to an administrative fine of up to two million euros for exceeding the maximum payment period set by the regulations referred to in article L. 2192-10, investigated…

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