Panamanian Metro Out to Tender on April 26

Next Monday, the Metro Secretary will unveil the bidding rules for designing and building the first line of the Panamanian Metro.

Friday, April 23, 2010

Three prequalified consortiums will be invited to bid: CIMA, “Consorcio Línea Uno” and “Grupo Italiano Metro Panamá”.

For the time being, they will not include another consortium, “Consorcio Metro de Panama”, who filed a claim against the Metro Secretary decision of excluding them from the process. According to the report, this group was ruled out as it head company lacked a minimum $750 million of net capital.

More on this topic

Panama Publishes Bidding Rules for Metro

May 2010

When choosing the builder of the first line of Panama’s Metro transportation system, 65% of the points will be awarded on technical aspects, and 35% on a lower price basis.

The Metro Secretary informed that they will use the same procedure as with the Panama Canal expansion: technical proposals will be evaluated first, after which the economic bids will be announced.

Panama Reaffirms Prequalified Metro Consortiums

April 2010

The metro secretary accepted the recommendations issued by the evaluation committee.

In doing so, it reaffirmed the three prequalified consortiums: CIMA, LINEA UNO and GRUPO ITALIANO METRO PANAMA.

The consortiums break down as follows:

CIMA:
ACCIONA INFRAESTRUCTURAS, S.A. (52%) - Spain

Three Consortiums Qualify To Build Panamanian Metro

March 2010

Consortiums CIMA, “Línea Uno” and “Grupo Italiano Metro Panamá” complied with the requirements to bid for the Project.

These consortiums are composed as following:
CIMA:

ACCIONA INFRAESTRUCTURAS, S.A. (52%) - Spain
MITSUBISHI CORPORATION (12%) - Japan
MITSUBISHI HEAVY INDUSTRIES, LTD. (12%) - Japan

7 Companies Interested In Panamanian Metro

March 2010

They are CIMA, “Línea 1”, SNC Lavalín International Inc, “Grupo Italiano Metro Panamá”, Panametro, “Metro de Panamá”, and “PTY Metro”.

These companies will go through a prequalification process, and on March 8th authorities will announce the names of those selected to participate in the public bidding process for building the Metro system.

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Small construction project in Panama

Construction works are required in a small construction project in Panama City.
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