Three Bids for $87 million Highway Works

Astaldi SpAstaldi S.p.A and MCM Global S.A. make up one of the three consortiums that submitted their offers to expand the Omar Torrijos highway in Panama to four lanes.

Monday, June 12, 2017

The three bidders are: Consorcio COT (CCA Civil Panamá, S.A. and Conalvías Construcciones, S.A.S. Sucursal Panamá; Consorcio Astaldi – MCM (Astaldi S.p.A. and MCM Global, S.A.); and Asociación Accidental C&C Corozal (Constructora Urbana, S.A. and Constructora de Infraestructura Internacional, S.A.).

See details of the tender.

From a statement issued by the Ministry of Public Works:

The Public Works Ministry today held a best value public tender for the "Design and Construction of the Renovation and Extension of Carretera Omar Torrijos (Corozal - Red Tank - Vía Centenario).

Before starting with the public act, the envelope was opened containing the Ministry of Public Works' proposal estimated as the sum of B / 87,421,962.08.



More on this topic

$89 Million Road Project at Risk

February 2019

The Third Chamber of the Supreme Court of Justice of Panama decided to cancel the environmental impact study for the widening of the Omar Torrijos road.

The action against the Environmental Impact Study Category II, was filed by attorney Donaldo Sousa and Jose Isabel Blandon, Mayor of the municipality of Panama, who believe that the work should be stopped until the study is reviewed and improved.

Road Works Awarded for $89 million

October 2017

The consortium formed by Italy's Astaldi and MCM Global has been awarded a contract to renovate and expand the Omar Torrijos highway in Panama to four lanes.

The Ministry of Public Works selected the consortium made up of the companies Astaldi and MCM, after receiving three proposals in the tender for the "Design and Construction of the Renovation and Extension of the Carretera Omar Torrijos (Corozal - Red Tank - Vía Centenario).

Failed Tender for $63 million Road

November 2016

Between $85 million and $117 million is the price range of the four bids submitted in the tender to expand the Omar Torrijos road in Panama, but which were rejected for being prohibitively expensive.

From statement issued by the Ministry of Public Works in Panama:

Costa Rica: Eleven Companies Bidding on Road Building

August 2011

Proposals to build a 50.6 km expansion of the Inter-American highway range between $75 and $182 million.

The National Roads Authority (Conavi), received 11 bids for the expansion and rehabilitation of national road No. 1, North American highway, for the stretch Cañas-Liberia.

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