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…
Panama Canal Receives Proposals to Build Locks
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.
Bids Submitted to Build New Panama Canal Locks
On track and on time, the Panama Canal Authority (ACP) continues to press ahead with the start of the bid process for the most important project under its Expansion Program – the construction of the new set of locks. On March 3, the ACP received proposals from three consortia competing to design and build the new, modern and state-of-the-art locks on the Pacific and Atlantic sides of the Panama Canal. The three consortia that submitted bids included: Consorcio C.A.N.A.L; Consortium Bechtel, Taisei, Mitsubishi Corporation and Consorcio Grupo Unidos por el Canal. The ACP will evaluate the proposals and will award the contract for best value – 55 percent for the technical aspect and 45 percent for the bid price. The consortia submitted their price and technical proposals.
