Puerto La Union: Never Ending Story

Although it seems hard to believe, the Autonomous Port Executive Committee of El Salvador has, for a fifth time, postponed the date for submitting bids in the tender for the concession of the port.

Friday, April 10, 2015

EDITORIAL

The fifth postponement of the date for submission of bids in the tender for the concession of Puerto La Union, El Salvador, raises doubts about the actual feasibility of this ambitious project by the Executive Port Commission (CEPA).

Arguing again that the delay comes at the request of a company interested in the project, the ECA announced that the new date for submitting proposals is now May 28.

From a statement issued by the CEPA:

The Executive Port Commission (CEPA) reports that at the request of interested companies it has agreed to extend the deadline for submission of offers for the "Concession of the Multi Specialized Container Port Terminal, Phase I, the Port of La Union Central America" so that companies can have sufficient time for proper preparation.

"We request an extension of the deadline for bids in the tender process so that the team in charge of preparing the offer can take the time to evaluate the business plan of the concesionaire," says the request sent to the CEPA.



More on this topic

Puerto La Union: White Elephant Sits Waiting

May 2015

Now May 28th is the "confirmed" date for the submission of bids in the tender for the Central American Port of La Union.

According to the Executive Port Commission (CEPA), resolutions have been given to 63 queries put forward by four companies which have pre-qualified to participate in the tender, and because of this there will be no further changes to the date for receiving bids.

Another postponement in Tender for Puerto La Union

March 2015

For the fourth time since the project was announced, the Autonomous Executive Port Commission has extended the deadline for submission of tenders for the dredging of the harbor, this time to April 14.

With this new change and there are now four months of arrears since the date originally chosen for bids, which was December 2, 2014.

Will the port of La Union Ever be Tendered?

January 2015

For the second time since the tender for the concession of the port resumed, the Executive Port Commission of El Salvador has deferred the date for receipt of bids, this time until March 10th.

From a statement issued by the Executive Port Commission (CEPA):

At the request of enterprises the deadline for submission and opening of bids for the concession of the Puerto de La Union Central America has been extended.

Possible Extension for Port Concession Process

September 2013

The Autonomous Executive Port Commission is investigating extending by one month the deadline for receiving documents from companies interested in operating the port of La Union in El Salvador.

"We have a good feeling because there are four or five companies, some of the largest in the world, who have requested an extension of the deadline for submission of documents," said the manager of concessions at the Autonomous Executive Port Commission (CEPA), Carlos Federico Paredes.

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