Panama Canal Awards First Construction Contract
The Panama Canal Authority (ACP) took a step closer to breaking ground for
the expansion of the Panama Canal, when it officially awarded the first expansion
construction project contract to Constructora Urbana S.A. (CUSA) last week.
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% of the total
excavation for the new Pacific Locks access channel. At a special ceremony on Friday, July 6, the ACP reviewed the bid submissions
for the first dry excavation of the new Pacific Locks access channel. The ACP
selected the lowest priced proposal that met all of the project's requirements.
CUSA's bid came in at just over $41 million. "This is an exciting day for the ACP, as we award the first expansion
construction contract. It's a significant step forward in the creation of the
new lane," announced Executive Vice President of Engineering and Program Administration
Jorge L. Quijano. "We look forward to breaking ground very soon." The scope of work for the first dry excavation will include the removal of
non-classified material, the disposal of excavated material and the construction
of new gravel roads and ditches. Site work could begin as early as two weeks
after the ACP gives CUSA the order to proceed. .
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