Lack of liquidity has prevented work from continuing with the original contractor, which could be replaced by Brazil's Odebrecht or the Mexican company Ingenieros Civiles Asociados.
Eric Velasquez, engineer of the Tourism Authority of Panama in charge of coordinating this project, told Prensa.com that "... the consortium argued lack of financial capacity to make changes (which were requested by the ATP) and continue the work, therefore they agreed to find another company to take on the project without changing the final cost.
Filling in of the maritime seabed which had been planned to be carried out in front of Atlapa will no longer be done and an evaluation is being made of the construction of a viaduct leading up to the coastal strip, widening the road to four lanes from Costa del Este to Punta Pacifica.
The new design of the road will change the real estate landscape of the area, not only because now there will not be land fills in front of Atlapa, where it was expected that apartment blocks were to be built, but because new opportunities for development in the area will be generated. Examples are real estate projects being developed in Santa Maria and the industrial parks of Costa del Este.
Workers have accepted the wage proposal made by the ICA-FCC-MECO consortium and resumed excavating the last stretch of the access channel to the Pacific.
After almost a week of work stoppage in the last stretch of riverbed on the access channel through the Pacific, workers agreed to resume work after negotiating a series of agreements with the consortium made up of the Mexican Ingenieros Civiles Asociados, the Spanish Fomento de Construcciones y Contratas and the Costa Rican firm Meco.
The group in charge of the construction of the fourth tranche accessing the Pacific has asked for arbitration over its demand for an additional $44 million as well as more time.
The Panama Canal Authority (ACP) received 6 complaints from Fomento de Contratas y Construcciones (FCC), the Mexican company ICA and the Costa Rican Construction company MECO, who were awarded the contract for the last access tranche to the the Pacific linking to the third set of locks with the Corte Culebra.
The Panamanian Association of Business Executives has joined other unions in criticizing the direct extension of the contract with Mexico's ICA.
Fernando Aramburu, president of the Panamanian Association of Business Executives (APEDA) regrets that the contract signed by the Government with the company Ingenieros Civiles y Asociados Asociados (ICA) does not give more options to the National Highway Company (ENA). "It is not true that only ICA can enlarge the corridor. There must be a tender for this." he said.
The directorate of the Panamanian State has dismissed a claim submitted by the builder ICA concerning defects on the bidding process used to select the builder of the Convention Center at Amador.
In response to complaints by the Mexican company Ingenieros Civiles Asociados (ICA), the directorate said that the Tourism Authority of Panama complied properly with the format for publishing all the information related to the bidding process, therefore it resolves that the claim is inappropriate.
The consortium HPC-Contrata-P&V obtained a technical score of 66 points, compared to 46 and 41 of ICA and Odebrecht, offering to build the Convention Center in Panama for $194 million.
The long awaited opening of envelopes containing the financial proposals of the bidders in the tender for the construction of the Convention Center on the Amador Causeway, in the capital of Panama, has finally taken place.
The Controller of the Republic of Costa Rica has confirmed the award of the works on the oil terminal to the consortium ICA-MECO.
The regulator dismissed appeals filed against the award on the grounds that they lacked merit.
"The tender promoted by the Costa Rican Oil Refinery (Recope) includes the construction of a Dukes quay berth, via which products that the country needs, such as gasoline, diesel and oil can be unloaded.
The $114.8 million contract includes the study, design, procurement and construction of Phase II of the Northern Corridor.
The works to complete the extension of the road to four lanes must be carried out in 24 months.
"In a report sent to the Mexican Stock Exchange, the developer explained that the contract provides for the study, design, procurement and construction of Phase II of the Northern Corridor, which includes an 10.3 km extension of the four-lane highway, from the Brisas del Bolf section of the street TO 24 de Deciembre", reported Milenio.com
BASE4 is a collection of talented architects, engineers, project managers and construction managers from around the world designing exciting hospitality projects. Job Description: BASE4 is looking for several architects...
I have six building lots in the Punta Leona Resort ready for construction. I am looking for a partner to provide financing and or construction. Wanted partner for financing and/ or construction in the...
Maranco Belize offer fast reliable service, modern equipment, competitive rates, 70 year experience worldwide whether your needs are for farming, industrial, private house lots, community projects. We have drilled successful water wells producing fresh...
Live at the beach in the exclusive Punta Leona Resort, a dream with shaded white sand beach, pools, restaurants, wild life. New affordable, energy efficient home. The house - possibly the only energy efficient green...