Balboa Drydock again offered for bidding

The Panama Maritime Authority (AMP) approved an addendum to the statement of requirements for the second call for granting the management and operation of the Balboa Drydock for a period of 20 years.

The bid opening is scheduled for June 8, it was announced on Panamacompra.

In the new tender the rating process, guiding the economic proposal has changed with a value of 70 points and 30 points on technical rating a total of 100.

As part of the addendum to the statement of requirements for the second call, the AMP set some conditions related to the companies and participants in the process.

“There is a conflict of interest from bidders when the directors, officers or resident agents have some degree of affinity or consanguinity with members of the board of the AMP or have been or are consultants, permanent or temporary employees of the institution in the past five years,” says the document. It says that proponents deemed to be in conflict of interest will be disqualified.

The offer

The consortium that wins this bid should pay the State a monthly fee of $50,000 with at least a 5% annual increase for a period of 20 years. This is a minimum payment of $19.8 million over 20 years.

This fee is independent of all costs associated with the operation of the concession, including labor, materials, work facilities, office equipment and computer software, communications, related services and other operating costs.

In addition to the fee for the use of facilities, the specifications set out an investment plan over the concession, which in no case may contemplate an amount less than the $3 million within the first two years, from the endorsement of the respective contract, which will be invested for the suitability and begin operations at full capacity of the three dry docks, located within the shipyard.

The area to be awarded in the grant will be used exclusively for the repair, maintenance and construction of ships, which are activities of a shipyard. Under no circumstances may the grantee use the areas granted under concession for the transport of containers, ro-ro cargo, passenger, cargo and bulk cargo, says the statement.

The consortium that wins this bid should pay the State a monthly fee of $50,000 with at least a 5% annual increase for a period of 20 years. This is a minimum payment of $19.8 million over 20 years.