Panama: Contracts for Over $2 Billion

From December 2006 to May 2009, there were 204,516 contracts awarded through the website.

Friday, June 5, 2009

According to the consolidated management report of the Directorate General for Public Contracting (DGCP), the total amount was over $2.446 billion.

La Estrella published the results of the report: "More than 8,219 public contracts were minor purchases whose value did not exceed $30 thousand. In addition, there were 6,928 direct purchases, 281 bids for best value, 3,293 public tenders and 31,677 purchase orders through the Electronic Products and Services Catalog PanamaCompra. "

More on this topic

Panama Invites Bids for $5 Million Data Network

June 2010

The contract comprises supplying a multiuse network for voice, internet and data systems in government institutions.

Panama’s government will choose a supplier for setting up VoIP services, in addition to WAN and Internet services. In particular, the network must provide the following services:

Panama Will Put Air Tickets Out to Tender

January 2010

This year the Government will purchase bulk flight tickets via public contest, at the website

Eldis Iván Sánchez, director of Government Purchases, explained they are preparing the bidding rules.

"Once the public contest is done, we will create an electronic catalog, in which the different entities will be able to purchase their tickets via internet, faster and more transparently", reported

Improvements in State Purchases System

August 2009

The new version of "Panama Compra", to be available shortly, will allow suppliers to submit electronic proposals.

Looking for savings, both for the government and its suppliers, the second version of the state's purchasing system, "Panama Compra", will allow providers to send their product and services proposals electronically, without the need of going to the office of state purchases.

New Information Technology System for PanamaCompra

April 2009

With an investment of $3 million, the State’s Director of Procurements intends to launch PanamaCompra version 2.0 by mid-2009.

Since its implementation 27 months ago, there have been over 180 thousand procurements in which some 13 thousand companies participated for an amount over $2.2 billion.

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Phone: (507) 515-1500

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