HPC Contratas P & V will not finish the construction of public markets and supply stores in La Chorrera, and the bond company will have to hire another company or pay the performance bond.
After three years of cessation of work by the contractor due to liquidity problems in the consortium HPC Contratas P & V, the state run Mercado Nacional de la Cadena de Frío decided to terminate the contract. In November last year the consortium had announced that it would resume work, but because no progress was made, the contract has now been cancelled.
HPC Contratas P & V has announced it will resume construction of public markets and supplies to La Chorrera, and if progress is not demonstrated in the next three months, the bond will be implemented.
Prensa.com reports that "...The contractor, under investigation for alleged diversion of public fundsin the construction of the Convention Center at Amador, has promised to resume work on Tuesday, November 29, 2016. "
The private sector is proposing new municipal legislation in order to unify criteria and procedures and allow for a "reduction in discretion regarding fees and licenses."
The proposal to streamline municipal management is part of an initiative made up of 50 measures to improve the country's competitiveness, submitted by the Superior Council of Private Enterprise (COSEP) to the Nicaraguan government.
In Panama plans are underway to create a law on the company Mercados Nacionales de la Cadena de Frío, which will manage wholesale and retail food markets.
From a statement issued by the presidency of Colombia:
The Cabinet Council has agreed to a bill authorizing the creation of the company Mercados Nacionales de la Cadena de Frío, S. A. and established the regulatory framework, and authorized the Minister of the Presidency, through a Cabinet Resolution to submit the rule to the National Assembly.
Ten consortia have submitted bids for the construction and equipping of the Public Market and Food Market of La Chorrera.
With a reference price of $25 million, bids ranged from the $22.5 million offered by the Spanish consortium Acciona Infrastructures to $27.4 million offered by Cocige SA.
The IBD has finalized a syndicated operation with three impact investors to support a line of credit that will finance the modernization of municipal markets.
A press release from Inter-American Development Bank (IDB) reads:
“The Inter-American Development Bank (IDB) has finalized a syndicated loan of U.S. $19 million from three impact investors to support a new line of credit to finance the modernization of municipal markets in El Salvador.
Seven consortia have submitted bids for the construction and equipping of a market in Panama City, a project worth over $100 million.
The company's suppliers and their proposals are: Facilities and Services SACODEPO ($118, 900,000), SA Sacyr ($126,447,000), MCM Global ($124,999,000), Assignia-Cocige ($126,495,000), SA-Cleop Elecnor SA ($109,968,000), Omega Engineering ($126,500,000) and the Consortium Arranz kinase-Riva SA ($120,240,000).
The consortium Cleop, S.A-Mejores Acabados S.A., has been awarded the construction and equipping of the new David public market in Panama.
This infrastructure, which forms an integral part of the Cadena de Frío (Cold Chain) project will allow butchers, vegetable vendors and hawkers to conduct their business safely and with allow more space for users to buy safely, and in hygienic conditions.
The Ministry of the Presidency is inviting bids for the construction and equipping of a Public Market in Panama City.
The Ministry of the Presidency by using the tender system hopes to hire one firm to carry out the both the construction work and equip the market after reviewing the results of the final designs and plans undertaken by the Central Markets Supply Company, Inc. (MERCASA).
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