Roadworks Awarded in Panama

Contracts for $922 million were awarded to five companies for expanding and renovating 185 kilometers of the Inter American Highway.

Monday, October 14, 2013

The value of the works has exceeded the estimate made ​​by the Ministry of Economy and Finance of $750 million. The construction company Norberto Odebrecht was awarded 71.24 kilometers from Santiago- Vigui. Its financial proposal was $339.5 million and the MOP's reference price was $352.8 million.

Meco was awarded a 41 kilometer stretch from Vigui to San Felix, and its proposal was for $226.1 million and the reference price was $235.8 million . The third stretch awarded by the MOP was the San Juan -La Pita section, measuring 41 kilometers which will be expanded and renovated by the consortium CPA (CONALVIAS - RODSA ), who submitted a financial offer of $185 million.

Asociación Accidental C&B, composed of the construction company Urbana SA (Cusa) and Bagatrac won two tenders. The stretch La Pita - David of 19 kilometers with a price of $100.1 million and the San Juan- San Felix stretch of 14 kilometers with an economic proposal of $71.7 million .



More on this topic

$84 Million in Road Works Awarded

September 2019

In Panama, Bagatrac, S.A. was awarded the contract for the rehabilitation and widening of the La Concepción - Cuesta Piedra - Volcán highway, in the province of Chiriquí.

For the contracting process the companies that participated were Puentes y Calzadas Infraestructura S.L.U.

Awards: Roadworks for $27 million

April 2016

In Panama the Brazilian company Odebrecht has won two multi-million dollar contracts to build roads in the province of Veraguas.

The best value tender to build roads in Veraguas, Chiriqui and the Ngäbe Bugle with a total price tag of $75 million, was awarded to Odebrecht with two contracts worth $27 million to build roads in the province of Veraguas.

Awards: Roadworks for $148 million

August 2015

In Panama the companies Bagatrac and Asociación Accidental Caminos de Darié, composed of Cusa and Toronto Global Holdings Corp. will renovate 100 kms of the Pan American Highway.

The renovation project was tendered and awarded in four sections, the first of which, 23 kilometers, has been awarded to the company Bagatrac, for $31 million. The same company was awarded one of the sections, of kilometers, worth $36 million.

Panama: 19 Companies Interested in Road Tender

August 2013

Ten construction companies and nine service companies attended the pre tender meeting for establishing the specifications for the expansion to four lanes of the Inter American Highway from Veraguas to Viguí.

Prensa.com reports: "This is the first of five sections that the Ministry of Public Works (MOP) is putting out to tender in order to complete the widening to four lanes of the highway between David and Santiago".

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