Panama: Dry Excavation Contract Being Coordinated

The Panama Canal Authority will hold meetings with interested companies today and tomorrow, in order to coordinate tender terms.

Tuesday, August 25, 2009

Proposals for the fourth dry excavation contract, the second most important after the construction of the locks, will be received September 15th and will be opened on October 30th.

"This phase will conclude construction of the new 6.1 kilometer route, enabling navigation between the northern end of the future postpanamax locks and the existing route in the Gaillard Cut, just south of the Centennial Bridge", reported Prensa.com.



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Canal Excavation Bidding Extended

December 2009

The Panama Canal Authority pushed to December 22nd the deadline for the fourth dry excavation phase.

The original date was December 10th, at 1 pm.

"The decision was taken by the Office of Acquisitions of the Panama Canal Authority", reported Laestrella.com.pa. "This contract is part of the construction of the Pacific Access Waterway, which will connect the new set of locks with the Culebra Cut".

Panama Canal Extends Deadline for Dry Excavation Bids

December 2009

The deadline for submitting bids for the fourth and last dry excavation project was postponed to December 10th.

The original deadline was December 3rd, but the Panama Canal Authority decided to give companies more time.

"This contract comprises excavating 27 million metric tons of unclassified material to build an access waterway connecting the new Pacific locks with the Culebra Cut", reported Prensa.com.

Panama Canal Expansion: 70% of Contracts Already Awarded

October 2009

Up to September, the Panama Canal Authority had awarded contracts for $3.674 million, 70% of the total cost of the project.

One of the most important contracts remaining is the one involving dry excavation for ship navigation on the Pacific side.

Newspaper Prensa reported: "In its last quarterly report, the institution reported the awarding of the largest contract: the $3.118 million construction of the third set of locks, won by Group Unidos por el Canal".

Panama Canal: $339 million given in contracts

January 2009

As of 31 December 2008, the ACP recorded a total of $339.469 million in more than 100 contracts granted for the expansion project.

Laestrella.com.pa reports: "The reports says that the Panamanian company, Constructora Urbana, S.A. (CUSA) has advanced 79% with the first phase of the excavation of the access passage for the Pacific locks.

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