Panama Tenders a Fourth Bridge at the CanalFriday, February 11, 2011 President Ricardo Martinelli announced he will support the construction of a fourth bridge over the Panama Canal. The president said he will soon launch a tender for the construction of the project. Panama Canal Invites Bids for Vehicle BridgeWednesday, November 18, 2009 The Panama Canal Authority started the process for building a vehicle bridge, by putting out to tender its feasibility study. The contractor will be responsible for analyzing the feasibility of building a tunnel or a bridge to the north of the existing Gatun locks and the new post-panamax locks in the Atlantic side. Progress for Proposed New Bridge Over the CanalWednesday, May 25, 2011 A committee from the Panama Canal Authority is responsible for feasibility studies for the work. The Ministry for Public Works has announced that they will soon be putting out for tender the construction of a new bridge over the Panama Canal. Tender Announced for Fourth Bridge Over CanalTuesday, January 24, 2012 Completion of studies for the construction of the fourth bridge over the Panama Canal is drawing near, after which a tender for the building works will be released. During the inauguration of the excavations for the Metro, president Ricardo Martinelli announced the upcoming tender for the construction of a fourth bridge over the Panama Canal, a necessary step to enable the demolition of the Bridge of the Americas. Three Pre-Qualified to Bid in Bridge TenderMonday, April 2, 2012 The Consortia Odebrecht - Hyundai Joint Venture, Acciona Infrastructures -Tradeco, and France's Vinci Construction Grands Projets, have been accepted by the ACP to take part in the tender for the construction of a bridge over the Canal in the Atlantic. "Through a press release, the Panama Canal Authority (ACP) reported that the Spanish-Mexican consortium "Acciona Infrastructures-Tradeco" and the Brazilian-South Korean "Odebrecht-Hyundai joint venture" along with the French company "Vinci Construction Grands Projets" qualified following analysis of their technical criteria, experience and financial capacity", reported Panamaamerica.com. French Consortium Wins Canal Over Bridge TenderTuesday, October 30, 2012 Vinci Construction Grand Projets was awarded the construction of the fourth bridge over the Panama Canal for $366 million. The French consortium offered the lowest price out of the three pre-qualified candidates, less than the $386 million from Tradeco Acciona and the $429 million from Hyundai Odebrecth. Work Begins on Third Canal BridgeWednesday, January 9, 2013 The company Vinci Construction Grands Projets received orders from the Panama Canal Authority to proceed with the works for the construction of the bridge over the Canal. The company, who won the tender last October, must complete the works within a period not exceeding 42 months. $20 million Allocated for Canal Bridge DesignThursday, August 25, 2011 The Panama Canal Authority (ACP) has included in its budget $20 million for the design of the fourth bridge over the Canal. Referring to the issue, German Alberto Zubieta, administrator of the ACP, said that the amount is for the location study and design of the bridge over the waterway on the Panamanian Pacific. Chinese Consortium to Design Bridge Over CanalFriday, June 3, 2011 At a price of $4.6 million the consortium China Communications Construction Company / Louis Berger Group will design the third bridge over the Panama Canal. The consortium will have a period of approximately 11 months to complete the design. The tender for construction could be carried out between June and July 2012. Third Bridge Over Canal to be Tendered in AugustWednesday, March 28, 2012 With 4 lanes, and measuring 4.6 kilometers long and 75 meters high, the bridge will cost about $280 million and its construction will take 32 months. The tender for the third bridge, located on the Atlantic side, will take place in August, according to the outgoing administrator of the Panama Canal, Alberto Alemán Zubieta. Bridge Over Canal Would Cost $ 280 MillionTuesday, February 22, 2011 The Panama Canal Authority has already contracted the bridge design and by February 2012 it expects to announce the tender for its construction. The vice president of Program Management of the ACP, Jorge Luis Quijano, said it would be the same authorities awarding the construction in June or July of 2012. The Fourth Bridge over the Panama Canal is DelayedWednesday, February 14, 2018 A year and a half after having published the tender for its design and construction, the company that will be responsible for designing and building the bridge has not yet been selected. According to the tender specifications, the initial date to deliver bids was April 25, 2016, but the Ministry of Public Works (MOP) repeatedly decided to postpone the act to receive proposals to build the fourth bridge, which it is planned to be built within a period of 42 months, with an estimated investment of $1 billion. Bridge Over the Canal: Chinese Contract ConfirmedMonday, July 9, 2018 After the tender was suspended in response to an appeal submitted by Astaldi-Daelim, the Ministry of Public Works reported that this will not affect the outcome of the process, in which the consortium of Chinese construction companies won. Last week a complaint from the Astaldi - Daelim Consortium, which argued that in the commission report, as well as in the development of the contractor selection process, some situations occurred which were openly contrary to the due process of the tender. Award of Contract to Build Bridge Over Canal RatifiedMonday, July 30, 2018 After several appeals were filed in the tender to build a fourth bridge over the Panama Canal, confirmation has been given to the award of the contract to the Panama Cuarto Puente consortium, made up of Chinese companies. The General Directorate of Public Procurement confirmed that the performance of the Ministry of Public Works during the adjudication process was correct, and ratified the decisions taken in the process of awarding the work. Tender Launched for Fourth Bridge Over CanalWednesday, October 12, 2016 The Ministry of Public Works has published the request for proposals for the tender of the design and construction of a fourth bridge over the Panama Canal. The companies pre-qualified to participate in the tender are Consorcio Panama Cuarto Puente (China); Consorcio Hyundai–Sacyr (Korea / Spain); Dragados Sucursal Panama (Spain); Consorcio Astaldi-Daelim (Italy / Korea); Consorcio Cuarto Puente (China); and Consorcio CCB (Brazil), which includes the company Odebrecht. |
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