End of Odebrecht´s Story?After multiple attempts to liquidate the contract and collect the bonds for the road works that were awarded to the Brazilian construction company, the Guatemalan government has finally received the money and will be able to tender the works again.Monday, March 19, 2018
Representatives from the executive board announced that they have already received two bonds corresponding to the road works for 140 kilometers of the CA-2 highway, meaning that the path to bidding for new contracts is practically open. Source: elperiodico.com.gt ¿Busca soluciones de inteligencia comercial para su empresa?Are you interested in tenders in the region? Receive daily alerts about major purchases by governments in Central America. Find out more: Need assistance? Contact us
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Road Expansion Remains on PaperOctober 2018 The Guatemalan government will liquidate the works contract to extend 100 km of the CA2 East highway, which connects the department of Escuintla and the border with El Salvador. Guatemala to Claim $122 million from OdebrechtFebruary 2018 Following the Brazilian construction company's abandonment of the road work contract that had been awarded, the government intends to make a claim on the advance payment and performance bails which amounts to $122 million. Progress in Process to Resume Road WorksFebruary 2018 Although they have not finished liquidating the contracts with the Brazilian company Odebrecht, Guatemalan authorities say that the bids to conclude the works are going ahead. Contract with Odebrecht Ended and New Tender LaunchedOctober 2017 The government of Guatemala has agreed with the Brazilian construction company to bring forward the termination of contract for extending the CA-2 Occidente highway and will launch a tender for three contracts to complete the remaining 97-kilometer stretch.
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