With 94 points out of a total of 100, the company overtook the firm Pinzón & Lozano by 10 points. In third place with 72 points was consortium Kobi, Karp, FIMS & Sum.
"The three companies reached the final phase by submitting almost even financial offers, with a difference of only $ 11. All of them below the $ 8 million reference price imposed by the Ministry of Economy and Finance for a 300 meter high tower which seeks to accommodate the State´s financial institutions," reported Prensa.com.
The Ministry of Economy awarded company Mallol & Mallol the design of the project.
Official awarding could be delayed due to the filing of a complaint with the Public Procurement Department by Pinzón Lozano & Asociados.
"Pinzón Lozano & Asociados ensures that the commission´s report incurs into omissions and arbitrary decisions while implementing approved parameters." He further claims that the Mallol consortium's proposal does not meet the statutory minimum requirements", reported an article in Prensa.com.
Six consortiums submitted bids for conducting the design and blue prints of the financial tower.
The participating consortiums are Mallol & Mallol, Planos e Inspecciones Técnicas; Consortium Kobi, Krap, FIMS & Suma; Pinzón Lozana and Associates; Consorcio El Arco Chato and Consorcio CGO Bermello Ajamil & Partners. They submitted bids ranging between $ 7.2 million and $ 7.4 million.
Authorities expect construction to begin in 2011 and that it will be ready in 2013.
Panama's Economy and Finance Ministry (MEF in Spanish), has held a preliminary meeting to discuss the $8 million contract, which includes conceptual design, draft architectural plans and technical specifications for the Financial Tower.
Wakefield Beasley & Associates (WBA), founded in 1980 by Richard Lamar Wakefield and John B. Beasley, Jr., is a privately owned, United States based Architectural design firm. It offers its clients high-quality design across a diversity of corporate capabilities, anchored by an unwavering commitment to providing exceptional service.
Operates in Costa Rica, Honduras and Panama
Phone: (507) 8388989 - (507) 69494373