The Tourism Authority of Panama has announced that it will terminate the contract with the consortium HPC-Contrata-P & V and that there are three companies interested in finishing the work in Amador.
As previously announced, the Tourism Authority of Panama (ATP) began the process of changing the contractor to finish the work of the Convention Center in Amador, and the three companies showing interest are the Asian company China Engineering, the Brazilian company Norberto Odebrecht and the Mexican institution Ica.
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.
It has been announced that the $8.4 million contract signed with Serdelco SA for the design and construction of the bridge between Chalatenango and La Libertad will be canceled and the works will be re-tendered.
It is expected that in February there will be an announced about the tender mechanism to be used to continue the project, in which so far on the desing phase has been finished. The Ministry of Public Works (MOP) works is currently in the process of cancelling the contract so that the the process for building the bridge can then start.
Out of 48 contracts for clean energy generation which promised a total of 700MW, only 15 are operational, delivering only 100MW.
According to Honduran authorities "... A review process is already underway of the renewable energycontracts which for various reasons have not yet begun operations, a backlog which represents a liability for the National Electricity Company (ENEE). "
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