Panama: Three Bids to Manage Metro Line 2 Project

The proposals for project management of line 2, range between $32 million and $36 million, in the tender where the reference price is $40 million.

Monday, May 19, 2014

Companies have until May 23 to address technical aspects of the tender, and then be evaluated based on the specifications of the Secretariat of the Panama Metro (SMP). It is expected that the winning consortium of the supervision contract with a duration of 58 months, will be announced in June.

"The first proposal was made by Consorcio PML2 who offered $32 million and is composed of the Spanish Ayesa Ingeniería y Arquitectura, S.A., Transporte Metropolitano de Barcelona, S.A. and The Louis Berger Group, Inc. from the United States."

"Consorcio Panamá L2 also proposed $32 million, and is made up of the companies Systra from France and Inelectra from Panama. The last bidder was Consorcio ML2 Panamá composed of Egis Rail (France), Ineco (Spain) and Integral Ingeniería de Supervisión (Colombia). Their proposal was for $36,530,789. "

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