Project Details

✔ Project has been published!

Results Chart for Delivery Method and Financing

Delivery Method

DBB/CMAR
# of Projects: 1
100% of the Results

Background informationProject Created: November 30, 2019

Project Name: Atlantic Bridge, Colon, Panama
Year in Operation: 2019
Sector: Transportation
Subsector: Roads, Bridge
Status: In Operation
Type: New Facility
Description: New bridge at the Northern (Gulf of Mexico) side of Panama spanning the Panama Canal, and providing a third-high clearance crossing over the recently expanded canal. Louis Berger and China Communications Construction Company were the designers. A consortium of Acciona, Odebrecht-Hyundai, and Vinci Construction submitted bids for the project. Vinci was selected in October 2012 as the constructor. The new bridge includes a 530 meter main span. The east and west approach roads and viaducts are more than 2000 meters. It is the longest concrete four-lane cable-stayed structure in the world.
Delivery Method as described in the country where it's located: Design Bid Build
Is the project still active: Yes
Comments:

Project Locations

Address: Puente Atlantico
City: Colon
State:
Country: Panama, Republic of

Souces of Project Support (Non-monetary)

Checkbox Checked Access to Land
Checkbox Checked Environmental Clearance

Souces of Project Support (Monetary)

Checkbox Checked

From Public (Government) Sources to Producers

Arrow Right
Checkbox Checked

Direct Cash Support: Offer price from Vinci at the time of selection was $US 366 million.

Project Delivery & Finance Method

Project Delivery:
Design Bid Build/Construction Management at Risk (All Public Finance). Public Sponsor contracts for initial design, and separately contracts for initial construction. Public Owner operates and maintains the resulting facility.
Construction Manager At Risk Variants: Public Sponsor contracts with Construction Contractor after Design is Complete.

Procurement Approach

Project Component
Qualifications
Based Selection
Request for
Qualifications
Request for
Proposals
Invitation
for Bids
Unsolicited
Proposals
Design
X
Construction
X
X

Term for Key Components & Forms of Contract

Project Component
Years
Quarters
Initial Design and Construction
7
0
Forms
Description
Other
Negotiated 

Project Value (If and As Known)

Date of Estimated Project Value: August 19, 2019
Project Value
Hard Cost
Hard & Soft Costs
Pre-Feasibility (Public Sponsor Expense)
(none)
> $50 Million US
Design
$25-100 Million US
(none)
Construction
$250 Million - 1 Billion US
(none)
Total
$200-500 Million US
(none)

Warning!!!

You are about to delete: .

Confirm Deletion Cancel