Panama Canal bidders given more time
The deadline for the presentation of bids for the design of new locks on the Panama Canal has been stretched by 47 days, the canal authorities said.
Wednesday, May 7, 2008
Four consortiums have qualified to present bids for the contract. Canal authorities said the tender's new deadline still fits within the overall timetable for the expansion project.
The ACP announced that it awarded the contract to perform quality assurance material testing to Laboratorios Contecon Urbar Panama, S.A.
Said the company: "Notification of the contract was given by the Autoridad del Canal de Panamá (ACP), and will secure work for the next four years. The upgrading of the Panama Canal will significantly enhance international trade and navigation (post Panamax vessels), and will include construction of two major complexes of maritime locks – the design of which was developed in the past months by Belgian engineering firms."
From January to March of this year 12 bids will be held, while the new locks are scheduled to put to tender during the second quarter.
The government of Martín Torrijos has apparently decided to build three terminals at the port development at the Pacific entrance to the Panama Canal.
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