This is the last dredging contract still pending as part of the canal expansion program.
The companies that submitted bids were: Jan de Nul - $54,550,647
International Underground Corp. - $55,329,492
BKI-MECO - $71,344,784
The ACP indicated that the contract will be awarded to the company presenting the lowest price offer that meets all the bid criteria.
"Once this contract has been awarded we will have completed an important stage in the canal expansion program," said ACP Executive Vice President of Engineering and Program Management, Jorge L. Quijano.
The work includes widening the canal to 218 meters and increasing the depth to 16.76 meters for a distance of 1.6 kilometers and is expected to take 820 days to complete from the date the contract is awarded.
The Panama Canal Authority (ACP) has awarded the contract to the company Jan De Nul. It will see the northern Pacific access channel deepened.
The $54.55 million project, located in the Gaillard Cut (known as Corte Culebra in Spanish), comprises the excavation and dredging of approximately 4 million cubic meters of matter. It is the last part of the Canal Expansion Program.
The Panama Canal Authority (ACP) announced today that Dredging International N.V. has been awarded the contract to dredge an area of the Panama Canal's manmade body of water, Gatun Lake. The dredging project is another integral element of the Canal's Expansion Program.
"We are pleased with the competition for this contract for which several premier dredging firms from around the world submitted proposals," said ACP Executive Vice President of Engineering and Program Management Jorge L. Quijano. "The ACP has partnered with Dredging International N.V. in the past and we are confident in its proven expertise to deliver this important component of the Expansion Program. Not only has the ACP benefited from a competitive price that is within the estimated budget, but it is also assured of an effective, high quality execution."
6 companies bid for a contract which comprises widening and deepening the current navigation waterway at Gatún; it is part of the larger Panama Canal Expansion project.
The companies interested in the contract are Dredging International, China Harbour Engineering Company (CHEC), Boskalis International, Great Lakes Dredge & Dock, Van Oord and Jan De Nul. Their proposals range from $39 million to $97 million.