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Monday, August 17, 2026

Business Colombia

Colombia’s State Broadcaster Reviews US$32 Million of Contracts

By · August 17, 2026 · 6 min read

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Colombia · Government

Key Facts

  • Contracts More than 1,051 contracts were signed in the current budget year under the public media system.
  • Value The combined value exceeds COP 100,000 million (about US$32 million at current exchange rates).
  • Recent Between 6 and 7 August 2026, officials signed 87 contracts worth about COP 4,000 million (about US$1.3 million).
  • Review All these contracts will be reviewed as part of a reorganisation announced by the new management of Inravision.
  • Entity Inravision, the public broadcaster formerly known as RTVC, manages the Sistema de Medios Publicos de Colombia.
  • Context President Abelardo De la Espriella’s government has moved to restructure public institutions since taking office.

New management of Colombia’s public media system will review more than 1,051 contracts worth over COP 100,000 million (about US$32 million).

Colombia’s new public media management will review more than 1,051 contracts signed this year. The total value exceeds COP 100,000 million (about US$32 million). The review is part of a broader push for transparency under President Abelardo de la Espriella, who took office on 7 August 2026. For anyone who does business with the state, this is a signal: contracts signed under the previous government are now under the microscope.

The Palacio de San Carlos in Bogota, home of Colombia's foreign ministry
The Palacio de San Carlos in Bogota. The foreign ministry is investigating its ambassador to Haiti. (Photo: Internet Reproduction)
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What the contract review covers

On 17 August 2026, a MinTIC statement following an extraordinary board meeting on 15 August disclosed the contract numbers. The statement came from the new administration of the Sistema de Medios Publicos de Colombia, which operates as Inravision, the public broadcaster formerly known as RTVC.

The statement said the contracts were signed in the current budget year. The total value is more than COP 100,000 million, which equals about US$32 million.

Between 6 and 7 August 2026, 87 contracts were signed for approximately COP 4,000 million. That is about US$1.3 million.

All of these processes will be subject to review as part of the reorganisation announced by the new management of Inravision. The review aims to check how the contracts were awarded.

The reorganisation began on 7 August, right after the news programming strand, the franja informativa, ended on 6 August.

Understanding the institutional names

The organisation formerly called RTVC Sistema de Medios Publicos is now Inravision Sistema de Medios Publicos. RTVC announced in April 2026 that it was taking back its historic name.

Write it as ‘Inravision, the public broadcaster formerly known as RTVC’.

The new gerente — general manager — is Angela Maria Mora Soto, a lawyer appointed by the government of Abelardo De la Espriella. She replaces Hollman Morris.

The ICT minister is Alexandra Falla.

Do not assume these 1,051 contracts belong solely to RTVC. The reporting groups them under the public media system umbrella.

This difference matters for investors and professionals who follow government contracts. The legal entity in charge of each contract can change.

Why the review matters now

President Abelardo De la Espriella took office on 7 August 2026.

The contract review is part of a wider reorganisation of public media. This may lead to new buying rules or the ending of some contracts.

For businesses that work with public broadcasters, this review creates uncertainty. Existing contracts may be delayed or renegotiated.

The review also shows how the new administration wants to spend public money. They will look closely at contracts signed by the previous government.

What happens next

The new management has not said when the review will finish. They have said all processes will be checked during the restructuring.

No contracts have been cancelled or suspended so far. The review is still in its early stages.

Watch for news from Inravision about findings or changes. The government may also release new rules for contracts.

For now, this is a review, not a cancellation. Contract holders should watch for updates and keep their documents ready.

This review is part of a larger effort by the De la Espriella government to change state agencies. The pension reform and diplomatic appointments are also being looked at.

Vilma Velasquez, Colombia’s ambassador to Haiti, is under investigation by the foreign ministry. The issue is about US$500,000 in unexplained transfers, including a cheque from the embassy’s operating account to her personal account.

This was reported on 7 August 2026. She denies the claim, saying 500,000 dollars never came in.

She was already suspended by the Procuraduria in May 2026 for backing Ivan Cepeda in politics.

The Constitutional Court may send the pension reform back to Congress again. This would be the second time.

The plans for savers and for moving funds to Colpensiones are still being discussed.

The total amount is about COP 25 billones, which is close to 25 trillion Colombian pesos. That is about US$8 billion.

These actions share a common idea: the new government is taking more control over institutions and contracts. Investors should expect more reviews and possible changes in policy.

Broader context for investors

Vilma Velasquez, Colombia’s ambassador to Haiti, is under investigation by the foreign ministry over about US$500,000 in unjustified transfers, including a cheque from the embassy’s operating account to her personal account. This came out on 7 August 2026. She denies it, saying 500,000 dollars never came in. She had already been suspended by the Procuraduria in May 2026 for political participation, for backing Ivan Cepeda.

Frequently Asked Questions

How many contracts are under review?

More than 1,051 contracts signed in the current budget year are under review. They belong to the public media system managed by Inravision.

What is the total value of the contracts?

The total value exceeds COP 100,000 million, which is about US$32 million. An additional 87 contracts signed in early August are worth about COP 4,000 million (US$1.3 million).

Are these contracts being cancelled?

No. They are under review as part of a reorganisation. No cancellations have been announced so far.

Which entity signed these contracts?

The reporting refers to the Sistema de Medios Publicos de Colombia and Inravision, the public broadcaster formerly known as RTVC. The figures cover the public media system.

Sources: “Se acaba el aparato de propaganda en el Sistema de Medios P; Embajadora de Colombia en Haití negó irregularidades y pidió; Abelardo de la Espriella declara insubsistentes a cinco …; El radical cambio que tendría Colpensiones en los …; Petro’s Pension Reform Faces a Make-or-Break Court Date

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