Panama - Panama Canal Launches Tender for New Water Management System

The Panama Canal Administration published on September 7, 2020, the RFQ for the engineering, procurement and construction of a Water Management System for the Panama Canal.

The Administration of the Panama Canal (ACP) said that with the publication of RFQ, the process for the development of the "optimized water resource management system begins, which considers a portfolio of projects to strengthen and modernize the current system and guarantee the water supply ".

Interested parties must submit, no later than November 12, financial and technical information, along with the history of successful project execution, which will be evaluated by the Panama Canal to choose the prequalified firms before the end of this year.

The Canal did not offer any type of investment figures for the water management project on Monday, but a report from Moody's released last July indicated that the investments required to "address the scarcity" of the water resources "are estimated to be between US$1,000 and US$ 1,500 million.

If you require any further information and/or any of you clients may be interested in participating, we would be very happy to assist you.

You can contact Alexis V Herrera Jr. of Icaza, Gonzalez-Ruiz & Aleman on .

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