Representatives of nine companies and consortia, among them nationals and foreigners, attended the meeting for the approval of the specifications of the best value tender for the provision and operation of Braswell Shipyard in Balboa, reported Prensa.com.

" Talleres Industriales, Fagar, S.A., Mec Group, IBT, Astican, Chartis National Union, Sociedad Latinoamericana de Inversiones, Consorcio Astilleros Navales Balboa y YT Halter Marine took part in the meeting which was held yesterday (January 24th ) as part of the tender process", according to the website.

The tender was announced on December 28th and the date for submission and opening of proposals is 13th of February. In late 2011, the Panamanian government did not grant an extension to the concession sought by the Spanish company Braswell, who had managed the site.

Source: Prensa.com

More on this topic

Panama Awards Concession of Shipyard in the Pacific

January 2013

The Consortium MEC Shipyards has taken possession in concessional format of the former Braswell Shipyard, and will pay $99 million over a 20 year term.

From a press release from the Panama Maritime Authority:

State will receive $250,000 monthly rent in the first year of the concession.

MEC Shipyards has Best Offer for Panamanian Shipyard

June 2012

The consortium MEC Shipyards submitted the best offer in the tender for the 20 year concession of the shipyard located in the Balboa complex.

The Evaluation Commission of the tender process presented a report which indicates that the consortium MEC Shipyards consisting of the Panamanian company Marine Engineers Corporation and MEC Balboa Shipyard of the Kardonski group, submitted a bid for $99.1 million for the 20 year concession or $250 thousand a year. The score was 91 points awarded out of a total of 100.

New Bids on Former Braswell Shipyard

June 2012

In a second tender created by the Panama Maritime Authority to grant the administration and operation of the yard in Balboa, four companies have participated.

The bidders are the same as in the first tender, with the only difference that MEC Shipyards (formerly MEC Dry Docks) has now partnered with the Kardonski group instead of IBT.

More Complaints Over Balboa Shipyard Tender

March 2012

Talleres Dry Docks, one of the four bidders, argues that the bid put forward by Astipac, the likely winner, should be rejected for not meeting the required deposit amount.

The Public Procurement Directorate (DGCP in Spanish) has received a second appeal by another participant in the tender for the Balboa shipyard, formerly known as Braswell Shipyard.