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14/05/2015

FCC submits best bid for construction of line 2 of the Panama Metro

On 14 May, the line 2 consortium, comprised of FCC and the Brazilian construction company Norberto Odebrecht, achieved the best result among the proposals submitted for the awarding of line 2 of the Panama Metro.

FCC submits best bid for construction of line 2 of the Panama Metro

The Citizen Services Group, in consortium with the construction company Norberto Odebrecht, obtains the highest score of 855 points out of a possible 1000
The award will be made on 22 May when the claims period ends.

FCC, in consortium with the Brazilian construction company Norberto Odebrecht, S.A., submitted the winning bid for the construction of line 2 of the Panama Metro, as announced by the Panama Metro Secretariat in an event held today.

Awarding will be made official on 22 May when the period for potential claims from applicants, set by the Metro Secretariat, comes to an end.

In the public bidding process for the best bid with separate evaluation, the FCC-Odebrecht consortium submitted an economic proposal for the sum of 1.8577087289 billion and obtained a total score of 855.98 out of a possible 1000.

More specifically, the bid was for 1.85770872890 billion dollars against a reference price of 1.81868495700 billion dollars (over €1.61 billion) fixed by the Metro Secretariat. The bidding exclusion range was fixed at 20% both above and below.

The contract for the construction of line 2 of the Panama Metro consists of designing engineering services, construction of civil works, secondary installations of the line, supply and installation of the comprehensive railway system including rolling stock and initial commissioning of the line.

The works will include 16 stations and 21 kilometres of elevated railway lines, connecting the stations from the district of San Miguelito to 24 de Diciembre.

This project will benefit approximately half a million people in the eastern Panama district.

FCC has extensive experience with metros, having already built line 1 in Panama and currently participating in lines 4, 5 and 6 of the Riyadh Metro, the red line of the Doha Metro, line 2 of the Lima Metro and those in Toronto and Bucharest, to name but a few.

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