Work Begins on Panama's Assembly Building

The project to construct a six-story annex and car parking facilities will be carried out by the company Corcione & Asociados, S.A.

Thursday, September 23, 2010

Construction of Panama's Assembly building annex is predicted to take two years and is being carried out due to the poor condition of the present infrastructure, informed the president of the country's legislative branch.

The $20 million investment will provide offices for 71 members of congress as well as the presidency, board of directors and secretaries. There will also be a public help desk.

Congressman José Luis Varela commented that the public tender of the new parliament building has been performed with the utmost transparency and agreed that the current 50-year old structures are completely inoperable.

More on this topic

New Tender for Panamanian Assembly Seat

May 2010

The Electoral Court will call for a new acquisition process, as the first one, due on May 26th, was declared deserted.

A number of companies that were interested in the project admitted that the $20 million reference price is too low, considering the high-quality construction requirements of the initial bidding rules.

Panama: Icasur Will Contest Assembly Seat Adjudication

May 2010

Spanish corporation Icasur SA announced that it will contest the public bidding process once the winning company is announced.

Construction company Icasur S.A. (short in Spanish for Engineering, Construction, Architecture and Urban Services) argues that in 2002 it entered into a contract with Panama to build the new seat of the Legislative Assembly.

Bids Invited for $20 Million Panamanian Assembly Seat

March 2010

The contract comprises designing the final blueprints, constructing and supplying equipment for a new building for the National Assembly.

Interested companies must submit their bids on May 11th, 2010, at the Transport commission of the National Assembly.

To choose the provider, the Assembly will use the Best Value Bidding model (“Licitación por Mejor Valor”), in accordance to Law 22, 27 June 2006.

Icasur Demands $4.2 Million from Panamanian Assembly

March 2010

A call to bids is underway to build the new seat of the Panamanian Assembly, but Spanish builder Icasur S.A. argues that back in 2002 they signed a contract to develop the project.

Said contract specifies that “Ingeniería, Construcción, Arquitectura y Servicios Urbanos (Icasur, S.A.)”, was directly hired to build a new building for $12.9 million.

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