San José, Costa Rica, Tuesday 23 February  2010


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Panama Canal Announces Best Value Proposal For Vehicular Crossing Analysis

PANAMA – The Panama Canal Authority (ACP) determined the “best value” proposal for the analysis of a permanent vehicular crossing on the Atlantic side of the Panama Canal last week.

Group URS-COWI garnered the highest points for its combined technical and price scores. The new vehicular crossing will allow uninterrupted ground transportation to cross the Panama Canal on the Atlantic side via a bridge or tunnel.

The ACP Contracting Officer will now examine and validate the “best value” price proposal and will also verify the contractor’s qualifications pursuant to the established ACP contracting regulations prior to awarding the contract. Once the contract is awarded and the order to proceed is issued, URS-COWI will have 240 days to submit its final plans and determine if the crossing should be a bridge or a tunnel.

Companies like Moffat & Nichol, URS, TYPSA and the Louis Berger Group have all shown an interest in bidding with prices ranging from us$943.000 to us$1.5 million.

URS Corporation is a leading provider of engineering, construction and technical services for public agencies and private sector companies around the world. COWI is a highly recognized engineering group from Europe that has participated in more than 50,000 projects in 175 countries.
   
 

 

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