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2012 April 2   14:57

Panama Canal prequalifies three bridge bids

The Panama Canal Authority prequalified two consortia and one company from among six groups bidding on a tender for the construction of a bridge over the Atlantic end of the canal, Journal of Commerce reports. The three organizations that have been pre-qualified are:
- A consortium between Acciona Infraestructuras of Spain and Tradeco of Mexico.
- A joint venture between Odebrecht or Brazil and Hyundai of South Korea.
- Vinci Construction Grands Projets of France.
The pre-qualification from among the six groups that bid on the project in May was made after a technical board formed by the canal authority analyzed information submitted by the interested parties to assess technical criteria, their experience and financial capacity.
The pre-qualified consortia and the company will now participate in the second round of the process, in which the contractor responsible for the construction will be selected.
The second phase of the process will begin with the submittal by the canal authority of the instructions to those interested in this bid including the design and contract specifications, a visit to the site organized for the pre-qualified companies and the receipt of final proposals, approximately in August of this year.
The bridge will be located 3 kilometers north of Gatun Locks and the new post-Panamax locks on the Atlantic side and Thelma King Avenue in the province of Colon. Once completed, it will benefit neighboring communities as it will expedite traffic crossing the canal.

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