Direct Contracts with Tocumen Airport

Authorities have signed contracts worth over $4 million for various urgent projects.

Tuesday, December 6, 2011

Air conditioning, garbage collection and X-ray inspections are some of the services that the airport has contracted directly, after having signed emergency declarations, the prequisite to exempt them from the contractor selection process.

In this way, airport authorities will expedite the procurement process and gain time to advance the implementation of these projects.

Besides those already mentioned, the airport has also hired a company to perform maintenance and repair of buildings at the new domestic terminal. In this case, the contract was for $700 000 and was signed with the company Pan America Construction Corp (PanCAN).

An article in indicates "contracts, which according to De Lima also were seen by the board of the airport, are for the provision of various works and services: The most substantial contract is with the company Air Mechanical Canal to supply 11 air conditioning units for $1.6 million, followed by a $1 million contract for the collection, transportation, treatment and disposal of international non-hazardous waste from the terminal airport, awarded to the firm Ingeniería y Gestiones, S.A (Ingesa). In the latter case, Tocumen justified the recruitment as temporary measure until a public tender process is completed. "

More on this topic

Panama: $600 Million in Bonds by Tocumen SA

May 2013

The bond issue is announced for mid-year, as part of the financing for the construction of the South Terminal.

Juan Carlos Pino, manager of the company, estimates that the bonds will be issued at the end of June or early July.

The funds will be used to expand the capacity of the existing terminal. "We need to build new taxiways to speed the transit of aircraft in the terminal in the rush hours," said Pino.

Tender for South Terminal at Tocumen

January 2012

The airport structure will cost about $400 million and be 50,000 m2 announced Panamanian authorities.

The manager of Tocumen, SA (administrator of the international airport), Juan Carlos Pino, said that the tender for the South Terminal at Tocumen International Airport, Panama will be released in March, and the works are expected to cost $400 million.

British Company Interested in Tocumen Expansion

November 2011

The company Foster and Partners is interested in participating in work on the new terminal on the south side of Tocumen International Airport.

The company, which designed an airport in Hong Kong Airport and one in Shanghai has expressed interest in participating in the bidding process to be held next year, said the president of the Board of Tocumen, Frank de Lima, at the end of Panama Invest which took place in London and Paris.

$75 Million to Expand Tocumen Airport

March 2010

Tocumen, the International Airport of Panama, subscribed a $75 million loan to build infrastructure.

A $75 million loan was subscribed between Tocumen International Airport, “Banco Nacional de Panama”, “Caja de Ahorros” and the Bank of Nova Scotia Panama, to build the northern section of Tocumen International airport, explained Finance Minister Frank De Lima.

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