Award: Urban Development Works for $66 million

A contract has been awarded in Panama to Ingeniería Rec, SA for studies, design and construction of a building project with infrastructure called "Urbanization San Antonio" in the province of Veraguas.

Thursday, May 12, 2016

In the tender for the supply of materials, labor, equipment and administration for studies, design and project construction of buildings and infrastructure for the "Urbanización de San Antonio" project located in the village of San Antonio, district of Atalaya, province of Veraguas, the company INGENIERIA REC, S.A. submitted a bid of $65.8 million, which competed with proposals from CONSTRUCTORA MECO, S.A., CONSTRUCCIONES CIVILES GENERALES S.A., ASINCRO PANAMA CORPORATION and that of Constructora San José (Panama Branch) S.A., who bid $66.9 million, $62.3 million, $58.1 million, and $56.2 million respectively.

According to the report 'Construction Projects in Central America' compiled by CentralAmericaData.com, the winning company was INGENIERIA REC, S.A.

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Constructora Meco, V&T S.A., Ingeniería REC and Constructora Rodsa are some of the companies that in 2018 were awarded contracts to build public infrastructure works in Central America.

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Panama: $88 Million Road Works Awarded

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A contract has been awarded to Constructora MECO for the design, construction and maintenance of works for the renovation of the Transístmica highway, section Plaza Agora - San Isidro Station.

The companies that took part in the tender for the renovation of a stretch of approximately 10 kilometers were Constructora MECO, Sacyr Construcción, Constructora Urbana and Conalvias Construcciones, with offers of $88 million, $86 million, $87 million and $90 million, respectively.

Award: School Infrastructure for $40 million

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In Panama Constructora MECO SA has been awarded contracts for studies, design, construction, replacement of ranch-style infrastructure and other renovations and expansions in schools nationwide, Phase 1.

In the tender for the replacement, remodeling and expansion of schools in the District of Muna, Ngobe Bugle, Constructora MECO SA submitted a bid of $40.4 million, competing with proposals from Bienes Raices y Construcciones Nostrot S.A. and Metales Panamericanos, S. A., who bid $40.4 million and $5.6 million respectively.

Awards: $66 million Residential Complex

April 2016

In Panama a contract has been awarded to the company Ingeniería REC, SA to design and build a social housing complex in the province of Veraguas.

In the tender for the supply of materials, labor, equipment and administration for studies, design and construction of the building project and infrastructure called "Urbanization San Antonio" in the province of Veraguas, the company Ingeniería REC, S.A.

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