Honduras: Palmerola Works on Standby

Five months after the $107 million works were awarded, the contractor has not yet signed the concession contract for the construction and operation of the airport.

Tuesday, June 24, 2014

The delay in signing the contract between the government and the company Constructura de Servicios Aeroportuarios Integrados S.A. (Saisa), who won the tender in January of this year, will have an affect on the work schedule, which established that construction would start in the first half of 2015 and operations start in mid-2016.

Carlos Pineda, superintendent of Public-Private Partnerships and ex-commissioner of Coalianza told Laprensa.hn "... there has been a breach of contract by the concessionaire that won the tender because by this time of year they should have signed the document, which could an effect on the timeframe for execution of the work. "

"...Official sources confirmed that the delays are due to the government not having the $30 million counterpart to pay as compensation to landowners who are situated around Palmerola military base and to invest in public works, while Saisa has failed to establish guarantees for financing the project."

More on this topic

Palmerola Airport Concession Canceled

October 2014

The Honduran government has annulled the contract awarded in January to the company Saisa for the construction of the terminal and announced they will put it out to tender again.

The project will be conducted under conditions different from those previously established, for this reason the cancellation of the contract was confirmed and it was clarified that the company given the award, Servicios Aeroportuarios Integrados S.A.

Re-Launch of Tender for Palmerola Airport Analyzed

August 2014

Currently being contemplated is the possibility of canceling the contract for the construction and management of the airport, awarded in January, and putting out a new tender for the procedure.

Due to the fact that airport safety in the country is now the responsibility of the government, the Commission for the Promotion of Public Private Partnerships (Coalianza) has announced that they are studying the possibility of canceling the contract which was awarded to Saisa, which included the management of security, and instead launching a new tender which would remove the issue of security from the contract.

Airport Concession Awarded in Honduras

January 2014

A subsidiary of Terra Group will be responsible for the design, financing, construction, and maintenance and operation of the International Airport at Palmerola.

From a press release issued by the Commission for the Promotion of Public-Private Partnerships:

The Commission for the Promotion of Public Private Partnerships (COALIANZA) has awarded to Constructora de Servicios Aeroportuarios Integrados S.A.(SAISA), the Contract for the Design, Financing, Construction, Maintenance and Operation of Palmerola International Airport, which will be located in the city of Comayagua, on the road axis between Tegucigalpa and San Pedro Sula.

Only One Bid for Palmerola Airport

January 2014

The company which is already operating other airports in Honduras was the only one to provide a technical and financial proposal for the award.

The Honduran company Servicios Aeroportuarios Integrados S.A. (Saisa), a subsidiary of Terra Group, submitted the technical and financial offer after being shortlisted along with the consortium of Colombian origin Concay SA, who ultimately decided not to present a proposal for the construction of the new terminal.

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