ACP Extends Bid Submission

Monday, July 07, 2008

In a move that will result in better bids for the “design-build” contract for the new locks under the Panama Canal’s Expansion Program, the Panama Canal Authority (ACP) will provide an extension for the locks proposal due date. The four global consortia in the running for the contract will now have until December 10 to submit their bids for what will be the largest and most important project under the $5.25 billion expansion.  The ACP received requests from the consortia to extend the proposal due date and has listened to their needs. Additional time given to the consortia will result in more fully developed bids on both the technical and price proposals, ultimately benefitting the expansion project. “The extension falls within our Expansion Program execution timeline, which has a projected completion date of 2014,” said ACP Executive Vice President of Engineering and Program Management Jorge L. Quijano. This extension is in line with the overall timeline of the expansion project and the program remains on track. The ACP has already planned for such contingencies and other similar scenarios.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter June 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Wärtsilä, Zamakona Yards Join forces in Canary Island

Wärtsilä, the marine industry's leading solutions and services provider, is enhancing its service offering by participating in a new maintenance hub in the Canary Islands.

Diana Shipping Enters Contract with SwissMarine

Diana Shipping Inc., through a separate wholly-owned subsidiary, has entered into a time charter contract with SwissMarine Services S.A., Geneva, for one of its Ice Class Panamax dry bulk vessels,

UAE Top Court: Physical Bunkers Suppliers Have No Right to Recourse against Owners/Charterers

The OW saga - UAE Federal Supreme Court decides that physical suppliers of bunkers have no right to recourse against Owners/Charterers. In the first decision

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Port Authority Ship Simulators Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0786 sec (13 req/sec)