Ortiz Construcciones y Proyectos, Constructora Meco, consorcio MCM Global, Conalvías Construcciones and Asociación Accidental C&C Construye submitted bids in the range of $23 million to improve Via Argentina.
In the tender process to improve the urban public space on Via Argentina, the reference price was $24 million, and five companies submitted bids of around $23 million, with differences of just one or two cents.
The Mayoral office of Panama announced that this month it will begin the first phase of digitizating processes for admissions, reviews, registrations and approvals of plans of works to be developed in the district capital.
The first phase involves testing the installed technology systems, begining with the entry into the system of three urban development projects that will serve to verify the operation of the platform, then a report will be made and if necessary, adjustments will be made. It is expected that in a year the process for approving plans will be completely systematized in order to reduce the time for gaining authorization from 8 months to 45 days.
The union of engineers has asked for the suspension of the tender to renovate a section of the Panamerican highway because the tender conditions demand a new asphalt mix that is not used in the country.
From a statement issued by the Panamanian Society of Engineers and Architects (SPIA):
The $11 million tender to restore the Metropolitan Cathedral has been temporarily suspended and it was announced that new specifications will be published in mid-April.
The chairman of the Committee on Churches in the Old Town, Ricardo Gago, said changes and corrections will be made to some legal aspects of the specification of the tender for the restoration of the Cathedral. It is expected that during the month of April the new tender conditions will be published on the website for state procurements.
The Ministry of Public Works is proposing the creation of a National Asphalt Division, an entity which would be responsible for overseeing the quality of asphalt used on roads.
At the moment, authorization is being awaited from the Ministry of Finance for the creation of the National Asphalt Division which aims to, among other things, regulate the business of manufacturing concrete in the country, as well as improving control of product quality.
After having announced alleged overruns on projects awarded by the previous administration, the government has declared that it is auditing contracts on projects which are underway and those that have already been completed.
In the project to expand the Arraiján-La Chorrera highway overruns of $60 million were detected, according to government officials. Therefore the Commission of Public Infrastructure and Canal Affairs in the National Assembly intends to determine the exact value that was paid for each kilometer of road built, and is planning auditing of other projects such as the expansion of the InterAmerican highway and Domingo Diaz Avenue.
The increase in residential real estate projects around the center of Panama City has doubled land prices in some areas in the space of five years.
The real estate boom experienced in Panama City can now be seen in the prices of residential projects in areas previously considered as "suburbs" where residential real estate developments are priced at over $80,000.
The Supreme Court has ruled that property built on state land granted in concession will not be applicable for the horizontal property regime.
An article in Prensa.com reports that "... The Supreme Court reiterated through a ruling what the Constitution says: public goods can not be subject to private appropriation. The document dated December 23, 2013, but published in the Official newspaper, La Gaceta, yesterday, refers to buildings built on State land given in concession not being part of the horizontal property regime. "
An announcement has been made for a contract with a consulting firm to conduct the environmental impact study for line 2 of the Panama Metro.
The Panamanian government and the Development Bank of Latin America announced a tender for a contract with a consulting firm to conduct an environmental impact assessment (EIA) for line 2 of the Panama Metro.
The private sector has proposed that free competition in the generation market be maintained and it not be regulated and that there be a permanent plan to promote energy savings.
From a press release issued by the Presidency of Panama:
The Energy Agency Committee, comprising of representatives from the private sector, handed over to the Presidency Minister, Roberto Henriquez, a proposal to make the energy market in Panama more dynamic and economical.
The construction of megaprojects has caused a high demand for cement and an increase in the prices of the main material for the construction industry.
The fact that only two companies (Argos, and Cemex) lead the Panamanian market has caused prices to skyrocket because they are setting the price of this item. Experts expect that when demand for this raw material decreases, so will prices.
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