Authority Starts Bid Process For Lock Work in Panama - ENR | McGraw-Hill Construction
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Publication Date: 03-JAN-08
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Article DescriptionLate last month, the Panama Canal Authority (ACP) opened the bid process for the $3.35-billion locks portion of the ongoing massive expansion of the historic waterway The “design-build” contracts will include construction of two new sets of locks that will open the waterway to the massive post-Panamax ships that currently cannot use the canal because they will not fit through the existing locks. The entire $5.25-billion expansion is expected to double the capacity of the waterway when it is completed in 2014.
The first round of the bid process approved four consortia comprising 30 companies: Consorcio C.A.N.A.L. led by ACS Servicios, Comunicaciones y Energía, S.L. of Spain; Consorcio Atlántico-Pacífico de ... |
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