High Traffic Media, the only participating company, submitted a proposal for $18.2 million in a tender to develop and commercialize advertising space on Line 1 of the Metro.
In thetenderfor the development, marketing and administration of the advertising which is part of the inventory of physical spaces on Line 1 of the Metro, only one company took part, submitting an an offer of $18,190,000.
While options are being evaluated to terminate the contract with Odebrecht to build the CA-2 Occidente road, the government will be putting out to tender maintenance of the sections that were left unfinished.
The Ministry of Communications, Infrastructure and Housing will first make a "visual inspection" to determine the actual state of the road, both the sections which have been completed but damaged and sections that have not yet been completed.
The business sector is against making retroactive consultations on mining and energy projects as they are already under development and is demanding regulation of the implementation of the ILO Convention 169 in order to protect investments.
Memorandum on Physical Inventories and payment schedule for obligations in May 2016.
From a Memorandum sent by Tezó and Associates:
Physical inventories: Counting properly
One of the main components of financial statements of company´s with industrial or commercial activities are inventories, which are usually made up of goods available for sale or consumption and inventories of production processes.
The company Management, at the end of the accounting period must ensure that the inventory quantities that may exist in their stores, warehouses or any other collection site correspond to the economic reality by carrying out physical counts in order to ensure that the amounts of inventories are kept in good shape and are valued in accordance with the IFRS.
After declaring the preliminary procedure void, a new tender has been launched for the marketing of advertising space in Metro Line 1.
According to records on PanamaCompra.gob.pa on October 12 a declaration of void was given to the public act for the "development, marketing and management of the advertising inventory for physical spaces on Line 1 of the Panama Metro."
Companies that carry out construction work for the government will have to set up CCTVs in order to monitor projects in real time.
The rule applies from this year for all projects worth more than $116,000, and contractors must publish the IP address on the public procurement website, Guatecompras.
Luis Catalan, Undersecretary of Public Investment, told Elperiodico.com.gt that in addition"... for this year georeferencing is mandatory for all projects, which according to the classification of the Ministry of Finance, are considered fixed capital."
Banco Popular and Banco Desarrollo Comunal de Costa Rica are inviting bids for consultancy services in engineering and architecture for the Program for a Physical Site for the Financial Conglomerate of the institution.
Government Purchase Costa Rica 2014LN-000037-DCADM:
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