He Administrative Court for Public Procurement (TACP) ordered the Ministry of Public Works (MOP) to provide information to the C&T Vía España consortium, consisting of Constructora Urbana (Cusa) and Toronto Global Holdings, on the status of the award widening of Vía España to six lanes.
And that’s it More than 300 days have passed since the Court ruled in favor of the consortiumwhich submitted a proposal for $80.1 million, and the future of the ambitious project that will span from the intersection with Avenida Porras to the intersection with Vía Cincuentenario is still unknown.
He TACP has given a deadline of July 18 for the requested data to be submitted to its headquartersit is stated in a note sent by Chief Court Secretary Manuel Beckford to Public Works Minister Rafael Sabonge this Friday, July 7.
On March 23, the C&T Vía España consortium sent, through its legal team, a note to the TACP that the current status of the award, by decree September 8, 2022
The consortium claimed to have submitted all the documentation required to sign the contract and he has not yet received a response from MOP.
Through the schedule, Cusa and Toronto Global Holdings state that on September 9, 2022, bondwhile on October 26, unit prices and power of attorney were broken down.
On September 20, they attached liability policy and heavy equipment and cars, along with other administrative documents.
Finally, on October 19, documents were submitted to be sent to the Ministry of Economy and Finance, including the financial proposal, the production curve and financial model.
The expansion to six traffic lanes of this road, one of the main ones in the capital, represents a new model of urbanism, since it will have exclusive lanes for public transportwhich is located in the center of the road.
Except, intersections found during the route will be adjustedpublic spaces and some pedestrian bridges will be removed.
Due to the dimensions of the avenue, the work created insecurity among residents and neighboring merchantsas well as drivers and passengers who pass through it, in which heavy vehicle traffic jams occur on weekdays.
Source: Panama America
I am Jason Root, author with 24 Instant News. I specialize in the Economy section, and have been writing for this sector for the past three years. My work focuses on the latest economic developments around the world and how these developments impact businesses and people’s lives. I also write about current trends in economics, business strategies and investments.
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