Panama Canal Receives Proposals to Build Locks

Friday, March 13, 2009

The Panama Canal Authority (ACP) received proposals from three world-class consortia to design and build the new set of Canal locks – the largest contract under the $5.25b Expansion Program. The proposals have been separated into two categories – technical and price – with the technical proposals to be assessed first. The price proposals were placed into a sealed container, escorted by ACP Contracting Officer Adriano Espino (pictured left) to the Panama National Bank, and locked into a vault. The price proposals will not be opened until the technical proposals have been evaluated.

The ACP Evaluation Committee, comprised of 15 highly qualified ACP employees, will assess and award each technical proposal points that will be computed and revealed in a public forum. Upon completion of the technical evaluation, another public forum will be held to examine the prices proposals. After a fair, rigorous and transparent evaluation process, the ACP will award the contract to the consortium that demonstrates the “best value,” a decision based on the technical aspect (55 percent), and the bid price (45 percent).

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

News

WFW Advises ING Bank on $340m Loan Facility for Euronav

Watson, Farley & Williams (WFW) has advised ING Bank N.V. (ING) as sole bookrunner and facility agent for a syndicate of banks on a $340 million loan facility made available to Euronav NV.

UN Authorizes Ship Inspections Near Somalia For Arms, Charcoal

The United Nations Security Council authorized the inspection of boats suspected of carrying illegal shipments of charcoal or weapons to and from Somalia on Friday,

Clean Marine Wins New Contract

Clean Marine has been selected by Hyundai Mipo Dockyard in South Korea to supply exhaust gas cleaning systems (EGCS) for two new MR tankers. IMO’s convention

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Port Authority Ship Electronics Ship Repair Ship Simulators Sonar
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1215 sec (8 req/sec)