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Panama Canal Invites Bids For Second Expansion Project

by Mike Godfrey, Tax-News.com

02 October 2007


It emerged last week that the Panama Canal Authority (ACP) has released its request for proposal for the second dry excavation project under expansion. This contract is for the second of five excavation projects to create the new Pacific locks access channel.

This channel will link the new Pacific locks with the existing Gaillard Cut (the narrowest stretch in the Panama Canal).

The excavation involves the removal of 7.5 million cubic meters in a stretch of approximately 2.4 kilometers, which will serve as the entrance of the new Pacific access channel.

"Three weeks ago, the world watched as we broke ground on expansion with the beginning of the first dry excavation. Now we have initiated phase two of this crucial project," announced Executive Vice President of Engineering and Program Administration Jorge L. Quijano.

He continued:

"Expansion is on track and we look forward to selecting the best firm for the job, as we work to complete all five dry excavation projects and create the new Pacific access channel."

The scope of work for the second dry excavation project includes the construction of a new section of road and a new crossing over the Cocoli River, in addition to the removal and/or relocation of electrical utilities, telecommunication lines, water lines, sanitation lines, ducts and sewers.

Similar to the first dry excavation, this contract will be awarded to the firm or consortia with the lowest priced proposal that meets all of the project's requirements. Proposals are invited until October 31.

Earlier in the month, an audience of 30,000, including world business and government leaders, had assembled in Panama to witness the historic first step of breaking ground on the expansion project.


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