The Panama Canal Authority (ACP) has received four bids for the fourth dry excavation (PAC-4) contract under the waterway's expansion programme, according to the Shipping Gazette.
The next step is for the ACP to thoroughly analyse the technical and financial submissions and award the contract in the coming weeks.
"Similar to the three prior dry excavation projects, the ACP will award the contract to the firm with the lowest-priced bid that meets all of the requirements stated in the request for proposals," a statement issued by the ACP said.
"As the second largest expansion contract, PAC-4 represents the most complex project after the construction of the new set locks," said ACP programme manager and engineering vice president Jorge Quijano.
The scope of work will include 26 million cubic metres of unclassified excavation, the installation of a backfilled cellular cofferdam water barrier and the construction of an earth-rock filled dam that will create part of the access channel's eastern bank.
Other work under this contract will include the construction of access roads; management of disposal site areas for excavated or dredged material; installation of drainage to remove surface and underground water; and the clearing of unexploded mines and shells left over by former US military training facilities in the Panama Canal area.
(Source: Transport Weekly)