Canal Excavation Contract for $267.7 MillionWednesday, December 23, 2009 Such is the amount proposed by the lowest-priced bid, by consortium Fomento de Construcciones y Contrata (FCC), Mexico's ICA and MECO. Other companies bidding for the contract include Brazil's Odebrecth, Belgium's Jan de Nul, and the consortium Impregilo, Sacyr and Cusa (ISC). Panama: Four groups bid for Tocumen expansionWednesday, December 3, 2008 The proposal by the Colombian company Aerotocumen was almost $11 million lower than the second best offer. The contract includes the construction of the Muelle North (North Dock) terminal, the remodeling of the current terminal and the construction of a new administrative building for Tocumen, S.A. Nicaragua Authorizes $43 Million Hydro Power PlantMonday, May 31, 2010 The government authorized the construction of the 12MW hydroelectric power plant called “Hidropantasma”, over river Pantasma in Jinotega. Emilio Rapaccioli, Nicaragua’s energy minister, explained that works are scheduled to begin on August 2010, and should be completed by July 2012. Panama: Works Resumed on Hospital CityThursday, October 29, 2015 The Social Security Department has made a partial payment of $40 million to the contractor of the project to resume work and complete the complex, valued at $517 million. The project which was awarded to the company Fomento de Construcciones y Contratas (FCC) during the Martinelli administration is only 45% complete, and it should be completed in 2017. Hospital City: Request to Cancel ContractFriday, August 28, 2020 Arguing reasons of force majeure, the construction company Fomento de Construcciones y Contratas requested the Panamanian Social Security Fund to unilaterally cancel the contract for the construction of the hospital complex. This mega-project has been delayed for several years. Initially the contract for the design, construction and financing of the Hospital City was awarded in 2011 to the business group Fomento de Construcciones y Contratas S.A. (FCC) which submitted a proposal amounting to $587 million. However, the work has faced dozens of irregularities and so far remains unfinished. PCA Awards $267 Million Dry Excavation ContractFriday, January 8, 2010 The consortium FCC-ICA-MECO won the second-largest contract of the Panama Canal expansion project. This contract comprises excavating a 6.1 kilometer waterway that will connect the third set of locks with the Culebra Cut. Companies Bid for Divisa-Chitré Highway in PanamaTuesday, April 13, 2010 Five companies submitted their bids for widening the road between Divisa and Chitré. They are “Constructora Meco”, “CC Construcciones de Centro América S.A.”, “Consorcio Benito Roggio Panamá S.A.- Benito Roggio e Hijos S.A”, “Constructora Urbana S.A.” and “Hidalgo e Hidalgo S.A.”. The lowest priced bid was presented by Hidalgo and Hidalgo S.A., at little under $104 million. Panama: $40 million for Traffic ManagementWednesday, June 26, 2013 The contract was awarded to the Spanish construction company FCC, as an extension of the work carried out on the Brazil highway. The Ministry of Public Works in Panama awarded a $40 million subcontract to the company of Spanish origin, Fomento de Construcciones y Contratas S.A. (FCC), for the implementation of a "traffic management plan for the city's road realignment." Canal Expansion: Another Contractor Demands $44 millionTuesday, January 28, 2014 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. Tenders for Road Works Submitted in PanamaMonday, February 14, 2011 Seven companies submitted bids for road realignment works in Panama City. Participating companies are: Asociación Accidental Constructora Pirenarcia, S.A.-Transcaribe (Spain - Panama); Consorcio Ingenieros Civiles Asociados, S.A. from CV-Constructora MECO, S.A. (Mexico-Costa Rica), Constructora Norberto Odebrecht (Brasil), SACYR, S.A., Fomento de Construcción and Contratas, S.A.; CBPO Engenharía LTDA (Brasil) and CONALVÍAS, S.A. (Colombia). Costa Rica: $10 million Sewer WorksMonday, February 22, 2016 Funds have been approved the to build a new sewer system in the province of Cartago. The project is the responsibility of the construction company Meco, who will start work before July this year. The 5.3 billion colones ($9.8 million) required for the work, will be financed by the Institute of Municipal Promotion and Advice (IFAM), after the General Comptroller approved the loan. Panama Canal Strike EndsWednesday, July 30, 2014 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. Company Profile Organization that operates in El Salvador and Nicaragua.
Panama Reaffirms Prequalified Metro ConsortiumsTuesday, April 6, 2010 The metro secretary accepted the recommendations issued by the evaluation committee. In doing so, it reaffirmed the three prequalified consortiums: CIMA, LINEA UNO and GRUPO ITALIANO METRO PANAMA. Tender for Supervision of 85 Water ProjectsMonday, October 29, 2012 The Institute Municipal Development of Guatemala (Infom) is putting out to tender the supervision of 85 works for water supply and rural sanitation. The contract includes technical, administrative and environmental supervision corresponding to the six tenders that make up the 85 projects. |
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