Another Endorsement of Odebrecht in PanamaTuesday, August 25, 2015 With the endorsement of the $569 million contract for the project for the urban renewal of Colon, doubts about the participation of the disputed construction company have been cleared. The Comptroller has analyzed and defended the contract with the consortium Nuevo Colón, comprised of the Brazilian construction firm Odebrecht and the Panamanian firm Constructora Urbana (Cusa) . Five Bids to Renovate Streets in Panama CityFriday, September 9, 2016 Between $26.4 million and $27.8 million is the range of five proposals submitted by five consortiums for the urban renewal project Calle Uruguay, Bella Vista. Taking part in the tender were Ortiz Construcciones y Proyectos, S.A. with a proposal of $27.8 million. The Companies Constructora Meco, S.A.; MCM Global consortium, made up Munilla Construction Management LLC / MCM Global, S.A., Conalvías Construcciones, and Asociación Accidental C&C Construye. The four companies submitted economic bids of $26.4 million. Awards: Urban Improvement for $26 millionWednesday, October 19, 2016 Constructora MECO won the contract for the design and improvement of public space, road and pedestrian infrastructure, and easements in Calle Uruguay, in the district of Panama. Taking part in the tender were: Ortiz Construcciones y Proyectos, S.A. Panama: Tender for Urban Improvement SuspendedTuesday, March 29, 2016 An appeal has been made against proposals put forward by Odebrecht and Centralvías EP in the tender to improve Via España, for $99 million, due to alleged noncompliance with the specifications. The Directorate General of Public Procurement in Panama has suspended the tender process for the study, design, procurement and construction of urban intervention works for the revitalization of public space. The entity received a complaint filed by Consorcio Espacios Públicos Vía España (Meco, SA and Rodsa, SA), reported Prensa.com. Panama: Between $89.5 million and $94 million for Urban ImprovementThursday, February 18, 2016 For the revitalization of Via España offers have been made by Centralvías EP, the consortium Cocige-Sinohydro, the Construction company Norberto Odebrecht, and the consortium Espacios Públicos Vía España (Meco and Rodsa). The tender for the study, design, procurement and construction of urban intervention works for the revitalization of the Via España already has four bidders. Awards: Taxiway for $13 millionWednesday, February 1, 2017 Constructora Meco won the contract to build a taxiway connecting the two terminals at Tocumen International Airport in Panama. The work involves the design and construction of the street S4 and the extension of Street L1 in the International Airport in Panama City. The Costa Rican construction firm Meco won the contract with an economic proposal of $12.8 million, lower than all of the bids submitted by the other four participants in the tender. Awards: Aqueduct for $22 millionMonday, June 15, 2015 In Panama an award has been mde to Constructora Urbana SA of a contract for the design and construction of an aqueduct, sanitation system and water treatment plant in Boquete, Chiriqui. Constructora Urbana SA (CUSA) was one of nine companies that submitted a proposal in the tender to design and build the project in Boquete. With a proposed $22.5 million, CUSA was selected by the National Council for Sustainable Development, which will be the executing agency of the project. $31 Million Road Rehabilitation AwardedFriday, November 23, 2018 Conalvias Construcciones was awarded the contract to restore the streets of the townships of Caimitillo, Ernesto Córdoba, Las Cumbres, Alcalde Díaz and Chilibre, in the district of Panama. On November 16th, the resolution of the contracting process for the works of rehabilitation of streets in several townships of the capital of the country was published in the portal PanamaCompra. Who is Interested in Tocumen Parking LotsWednesday, October 5, 2016 Thirteen consortia took part in the meeting for approval of the tender to build the first phase of the parking lots for terminal 2 of Panama City airport. Taking part in the approval meeting were the companies: Constructora Urbana, Constructora Meco, Fabritec/Monelca, Ingeniería RM, Extraco Ingeniería, Eridani, S.A., Conansa, Asfaltos Panameños, S.A., Derivados del Petróleo, S.A. $44 Million in Road Works AwardedThursday, October 29, 2020 In Panama, the consortium made up of Constructora Urbana S.A. and Toronto Global Holdings Corp. was awarded the contract to design, build and finance the interconnection of the Cinta Costera 3 with the Calzada de Amador. Two bids were submitted for this tender; whose initial reference value was $49.9 million. The first proposal, which amounted to $54.8 million, was made by the consortium AMADOR, formed by the companies Meco, S.A. Five Proposals to Repair Roads by $27 MillionTuesday, October 2, 2018 Proposals presented in Panama in the tender for the renovation of streets in the townships of Caimitillo, Ernesto Córdoba, Las Cumbres, Alcalde Díaz and Chilibre range from $27.7 million to $30.6 million. The works consist of the Renovation of Streets in the District of Panama, Districts of: Mayor Diaz, Caimitillo, Chilibre, Ernesto Cordoba Campos and Las Cumbres, in the Province of Panama, where the Tenderers must consider the conditions in which the existing road is, and the obligation that the Proposals are compatible in such a manner as to allow its effective and efficient execution. Road Works Awarded for $89 millionWednesday, October 11, 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). $350 million Road Works AdjudicatedThursday, June 7, 2018 In Panama, FCC Construcción and Operadora Cicsa will be in charge of the expansion works to six lanes of the Las Playas Corridor, on the Santa Cruz - San Carlos section. The companies that took part in the tender for the extension of the road sections were the Consortium FCC-Corredor de Las Playas II, composed of FCC Construcción S.A. Odebrecht's Financial Picture Gets More ComplicatedFriday, October 21, 2016 Moody's has downgraded the Brazilian construction company and does not foresee its financial profile significantly recovering over the next 12 months. The construction company is currently running three major projects in Panama: the urban renovation of Colon, with a value of $537 million, the construction of Metro Line 2, for $1.8 billion, and the expansion of Tocumen International Airport. Awards: Park in Panama for $17 millionFriday, February 26, 2016 Constructora Pirenaica won the contract to build Parque Municipal del Norte, in the community of San Vicente No. 1, between the villages of Chilibre and Ancon. The Municipality of Panama awarded the contract for $16,940,542.50 for preliminary studies, completion and adoption of the draft, development and approval of construction plans, technical specifications and delivery and construction of Parque Municipal del Norte, Phase 1. |
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