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Constructora Urbana Sa News

08 Apr 2015

Eaton Wins Panama Canal Contract

Power management company Eaton has been awarded an additional $5.2-million contract to provide critical installation services for the Panama Canal Expansion Program. Eaton’s contract was awarded by Grupo Unidos por el Canal, SA (GUPC), the contractor responsible for the design and construction of the third set of locks of the expansion program under contract to the Panama Canal Authority. The expansion project is expected to be completed by the end of 2015 and operational in early 2016. Eaton has a decades-long history as a provider of power distribution products and solutions to the Panama Canal, including support for electrical system design and construction in 2011.

04 Aug 2014

Parties Agree to Complete Panama Canal Expansion

Photo: ACP

On August 1, 2014, the Panama Canal Authority (ACP) and the consortium Groups Unidos por el Canal (GUPC) signed the variation incorporating to the original contract the agreement reached in March for completion of the Third Set of Locks project. "What remains now is to continue working with the commitment to complete the Expansion which is currently at a 78% progress," said ACP Administrator Jorge L. Quijano. The Expansion Program registers an overall progress of 78%, while the new locks project is currently 73% complete.

03 Aug 2014

ACP & New Locks Contractor Set to Complete Canal Expansion

The Panama Canal Authority (ACP) and the consortium Groups Unidos por el Canal (GUPC) signed today the variation incorporating to the original contract the agreement reached in March for completion of the Third Set of Locks project. "What remains now is to continue working with the commitment to complete the Expansion which is currently at a 78% progress," said ACP Administrator Jorge L. Quijano. The Expansion Program registers an overall progress of 78%, while the new locks project is currently 73% complete. The consortium GUPC is formed by Sacyr Vallehermoso, S.A (Spain), Impregilo, S.p.A. (Italy), Jan de Nul Group (Belgium) and Constructora Urbana, S.A. (CUSA) (Panama).

24 Mar 2014

Panama Canal Locks Contract in Effect

Photo: Panama Canal Authority

The agreement between the Panama Canal Authority (ACP) and Grupo Unidos por el Canal. S.A. (GUPC) took effect Thursday, March 20 after signature by all involved parties. As announced by the ACP on February 27, the agreement falls within the terms of the contract for the design and construction of the third set of locks and does not include any payment for claims. GUPC's claims must be processed through the mechanisms within the contract. The contractor finishes the works in December 2015. The contractor will deliver in Panama the 12 lock gates currently in Italy by February 2015.

21 Feb 2014

Panama Canal Locks Project Work Resumes

Photo courtesy Panama Canal Authority

The Panama Canal Authority (ACP) said that Grupo Unidos por el Canal. S.A. (GUPC) has resumed work on the new locks project during the afternoon of Thursday, February 20. “Works have restarted this afternoon,” said Panama Canal Administrator Jorge L. Quijano. Since works have resumed, ACP will proceed to pay tomorrow GUPC the $36.8 million due for December invoices. This preliminary agreement to resume works does not imply a negotiation on the alleged cost overruns claimed by the contractor. ACP reiterates that these claims must be process through the mechanisms within the contract.

20 Feb 2014

Locks Work to Restart at Panama Canal

Photo courtesy Panama Canal Authority

The new locks contractor Grupo Unidos por el Canal, S.A. (GUPC) accepted Panama Canal Authority’s (ACP) repeated request and agreed to restart on Thursday, February 20 the construction of the Third Set of Locks project. GUPC is formed by companies Sacyr Vallehermoso, S.A (Spain), Impregilo, S.p.A. (Italy), Jan de Nul Group (Belgium) and Constructora Urbana, S.A. (CUSA) (Panama). As soon as works are resumed, ACP will pay GUPC $36.8 million for December invoices to ensure that GUPC cancels pending payments and obligations to suppliers.

18 Feb 2014

Panama Canal Extension Dispute: Talks, Not Works, Continue

Panama Canal locks: Image CCL 2

The Panama Canal Authority (ACP) reports that despite efforts to agree with Grupo Unidos por el Canal, S.A. (GUPC) to resume work on the new locks project, positions between the parties remain apart. According to ACP a telephone confernce was held with CEOs of the contracting companies comprising GUPC (Sacyr Vallehermoso, S.A (Spain), Impregilo, S.p.A. (Italy), Jan de Nul Group (Belgium) and Constructora Urbana, S.A. (CUSA) (Panama) to review main points, including delivery times for the gates and how the remainder of the project is to be completed…

07 Feb 2014

Panama Canal Extension: Work Hindered by Financial Dispute

Panama Canal works site: Photo credit ACP

The Panama Canal Authority (ACP) state that it has demanded that GUPC, the lead consortium in charge of the construction of the third set of locks, resume full work on the project as required by the contract. GUPC is formed by the companies Sacyr Vallehermoso, S.A (Spain), Impregilo, S.p.A. (Italy), Jan de Nul Group (Belgium) and Constructora Urbana, S.A. (CUSA) (Panama). After two weeks of negotiations, which saw production levels drop to 25%, ACP say that almost all activity has ceased.

05 Feb 2014

ACP Demands GUPC to Resume Locks Project Work

Jorge Quijano

The ACP demanded today that Grupo Unidos por el Canal (GUPC), the consortium in charge of the construction of the third set of locks, resume work on the project as required by the contract. GUPC is formed by the companies Sacyr Vallehermoso, S.A (Spain), Impregilo, S.p.A. (Italy), Jan de Nul Group (Belgium) and Constructora Urbana, S.A. (CUSA) (Panama). After two weeks of negotiations, which saw production levels drop to 25%, almost all activity has ceased. The Canal Administrator…

31 Jan 2014

Talks Continue on Panama Canal Locks Project

The Panama Canal Authority (ACP) said talks will continue with Zurich American and Grupo Unidos por el Canal, S.A. (GUPC) (formed by the companies Sacyr Vallehermoso, S.A (Spain), Impregilo, S.p.A. (Italy), Jan de Nul Group (Belgium) and Constructora Urbana, S.A. (CUSA) (Panama)) until Tuesday, February 4. The parties agreed to continue meeting over the weekend to further evaluate the options aimed at reaching an agreement. The ACP said it will inform the public of any changes in the current situation. pancanal.com

29 Jan 2014

ACP, Canal Infrastructure Stakeholders Continue Negotiations

Jorge Quijano, ACP Chief Executive Officer

Panama Canal, GUPC and Zurich American to Continue Talks on New Locks Project. The Panama Canal Authority (ACP) announced that a meeting took place on Tuesday, January 28th between ACP, Zurich American and Grupo Unidos por el Canal, S.A. (GUPC) (formed by the companies Sacyr Vallehermoso, S.A (Spain), Impregilo, S.p.A. (Italy), Jan de Nul Group (Belgium) and Constructora Urbana, S.A. (CUSA) (Panama)). The parties agreed to continue the meeting today, to further evaluate options to establish alternatives to reach an agreement.

02 Jan 2014

ACP Reaffirms Commitment to Panama Canal Expansion

Jorge L. Quijano

The Panama Canal Authority (ACP) reaffirms its commitment to successfully complete the Expansion Program to fulfill its objective of offering a new era to world maritime trade. “For the Panama Canal it is of utmost importance that the Expansion Program is completed to better serve the international maritime community and its customers,” said Panama Canal Administration Jorge L. Quijano. ACP categorically rejects the pressures by contractor Grupo Unidos del Canal, S.A. (GUPCSA) in recent statements…

19 Aug 2009

Panama Canal Authority Notice to Commence

The Panama Canal Authority (ACP) reached a critical milestone for the Canal Expansion Program moving ahead on time and on budget. Culminating months of arduous work, the ACP received Grupo Unidos por el Canal’s (GUPC) performance and payment bonds and signed the contract. Today, ACP Executive Manager and Locks Project Management Division and Contracting Officer Jorge de la Guardia issued the Notice to Commence work slated for August 25, 2009. The scope of work included in the…

21 Jul 2009

Panama Canal New Locks Announcement

Reporters crowded around Panama Canal Authority (ACP) Administrator/CEO Alberto Alemán Zubieta after the ACP announced Grupo Unidos por el Canal as the “best value” consortium to design and build the Canal’s new set of locks July 8. Grupo Unidos por el Canal, composed of Sacyr Vallehermoso S.A., Impregilo S.p.A., Jan De Nul n.v. and Constructora Urbana, S.A., was one of three consortia vying for the contract and determined the winner through a fair, rigorous and transparent process put into place by the ACP.

17 Jul 2009

Panama Canal Awards Locks Contract

The Panama Canal Authority (ACP) announced that Consortium Grupo Unidos por el Canal will design and build the waterway's new set of locks, the most anticipated project of the Panama Canal Expansion Program. Grupo Unidos por el Canal, composed of Sacyr Vallehermoso S.A., Impregilo S.p.A., Jan De Nul n.v. and Constructora Urbana, S.A., was one of three world-renowned consortia vying for the largest and most important contract under the Canal's expansion. The ACP revealed that Grupo Unidos por el Canal submitted the "best value" proposal for the new set of locks contract during a public event held Wednesday, July 8. The event, broadcast live on Panamanian television and the ACP Web site, was attended by Panamanian President Ricardo Martinelli and many high-ranking government officials.

09 Jul 2009

ACP Announces “Best Value”

After months of technical review, the Panama Canal Authority (ACP) has determined the “best value” proposal for the new locks expansion contract. Consortium Grupo Unidos por el Canal – composed of Sacyr Vallehermoso S.A., Impregilo S.p.A., Jan De Nul n.v. and Constructora Urbana, S.A. – garnered the highest total points for its combined technical and price scores. Three consortia competed to win the largest and most important contract under the Canal’s Expansion Program. In a public ceremony, the ACP first presented the scores obtained from the technical evaluations and opened the price proposals submitted by all three consortia. The ACP opened the sealed price proposals and revealed the technical scores before its outside auditing firm and a Public Notary…

31 Dec 2007

Panama Canal Requests Proposals For New Locks Construction

The Panama Canal Authority (ACP) released its Request for Proposal (RFP) Friday on the "design-build" contract for the new locks under the Canal's Expansion Program. Four global consortia will now move forward with their bids on what will be the largest and most important project under the $5.25b expansion. The Expansion Program will build a new lane of traffic along the Panama Canal through the construction of a new set of locks, doubling capacity and allowing more traffic and longer, wider ships. The ACP will meet with consortia representatives in February 2008 regarding the content of the RFP for the construction of the new set of locks. Proposals are due August 2008.

19 Jul 2007

Panama Canal Awards First Construction Contract

The Panama Canal Authority (ACP) took one step closer to breaking ground for the expansion of the Panama Canal Tuesday, when it officially awarded the first expansion construction project contract to Constructora Urbana S.A. (CUSA). The selection process began May 7, when the ACP released its request for proposals to begin the first of five dry excavation projects to create the new Pacific Locks access channel. This new channel will link a new, third set of locks on the Pacific end of the Canal with the existing Gaillard Cut (the narrowest stretch in the Panama Canal). This project represents approximately 16 percent of the total excavation for the new Pacific Locks access channel.