Panama Canal locks contract awarded

The Panama Canal Authority (ACP) has announced that Consortium Grupo Unidos por el Canal will design and build the waterway’s new set of locks, a key part of the Panama Canal Expansion project. “We strongly believe that today’s awarding of the contract is the successful culmination of months of rigorous planning and stringent evaluation on the ACP’s part,” said ACP Contracting Officer Adriano Espino. “After identifying Grupo Unidos por el Canal as the consortium with the ‘best value’ proposal last week, we verified its price submission based on ACP requirements and regulations. And we concluded that the consortium has the resources to perform the project and bring it to completion.” Grupo Unidos por el Canal, comprising Sacyr Vallehermoso, Impregilo, Jan De Nul and Constructora Urbana, was one of three international consortia bidding for the largest and most important contract of the expansion project.

Source: Port News