Mallol will Design Panamanian Financial Tower

The Ministry of Economy awarded company Mallol & Mallol the design of the project.

Thursday, November 18, 2010


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

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Mallol Favorite for Panamanian Financial Tower

November 2010

Of the 6 participants in the bidding for the $ 8 million project, Mallol & Mallol, obtained the highest score.

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.

Six Bids for Designing Panama's Financial Tower

October 2010

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.

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