Part of  Metro Line 3  tender evaluation annulled

1,019Views 0Comments Posted 11/12/2019

The Public Procurement Directorate has partially annulled the report of the evaluation committee in the tender of line 3 of the Panama Metro and has asked for  a new analysis of the proposals presented by HPH Joint Venture and China Railway Group.

The evaluation commission had awarded the Korean consortium HPH Joint Venture, formed by Hyundai Engineering & Construction and Posco E&C, the best total score (893 points), with an economic proposal of $2.507 billion.

The other three consortia that were in the race for the contract made up to five claims and Public Procurement decided to accumulate them.

In a December 10 resolution, Public Procurement ordered that the proposal of China Railway Group be reviewed so that the commissioners explain in greater detail the score assigned in certain evaluation criteria.

In addition, the commission must confirm that the financing structure presented by the HPH Joint Venture consortium is viable and favorable to the interests of the Republic of Panama.

Line 3 of the subway will connect Albrook, in the Panamanian capital, with Arraiján, in Panama Oeste, on a 25-kilometer route that will have 14 stations.

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