Panama Canal Authority recently announced its new water management system in order to better improve the quantity, quality and control of its water supply.
In fact, Panama Canal issued a Request for Qualifications (RFQ) for the pre-qualification of potential offerors for the engineering, design and construction of a new water management system that will guarantee an adequate water supply for both Canal operations and local consumption for the next 50 years.
What is more, the Canal authority plans to shortlist the most-qualified firms by the end of year.
Following there, each pre-selected bidder will be invited to submit his or her best value proposals for a portfolio of water management projects at the waterway.
Interested bidders are asked to submit their responses, also known as Statement of Qualification (SOQ), by November 12, 2020.
Securing sustained, operational water levels is paramount for the long-term viability of the Panama Canal. The historically low levels of water in the recent years only exacerbated the need to adopt a comprehensive plan. As the Canal’s largest investment since the Expanded Canal in 2016, I am confident this move will safeguard the waterway’s future as one of the most important hubs for global commerce. To achieve this, we are investing in an innovative system to address water quantity, quality and control effectively.
…said Panama Canal Administrator Ricaurte Vásquez.
Foe the records, due to the climate variability, Panama Canal watershed experienced its fifth driest year in 70 years in 2019.
Concluding, the authoruty further goals to use this investment to extend its role as an engine of economic development in Panama and green route for global maritime trade.
