Panama Canal lock bids received
Tuesday, March 03 2009 @ 11:33 PM UTC
Contributed by: Don Winner
The consortia submitted their price and technical proposals. The envelopes containing the price proposals, including the ACP's owner's price, were signed, placed in a box and moved to Panama's National Bank to be locked in a vault. They will not be opened and reviewed until the technical proposals have been evaluated.
The technical proposals will be studied and evaluated immediately by the Evaluation Committee, comprising 15 highly qualified ACP employees, who have alle signed confidentiality and conflict of interest agreements.
On completion of the evaluation, the Contracting Officer will call for another public forum to examine the price proposed by each consortium to execute the project. The technical points awarded to each consortium will be added to the price proposals and the consortium with the highest number of points will be the potential winner. The forum will be held in the coming months after the evaluation is finalized.