A best value tender has been created with separate evaluation for the design, equipment, and construction of a Conventions Center for events and exhibitions in Amador, Panama City.

The Republic of Panama, through the Tourism Authority of Panama has created the project ‘Design, construction Equipment of a Center for Conventions Events and Exhibitions in the Amador in Panama City’. The Authority has decided to run the project using the methodology of Design / Build. For this purpose the Authority will select, through a bidding process using the best value model with separate assessment under a turnkey contract, a team of architects, engineers and builders able to design and construct the facilities described herein and in the stipulated time, acting as “Contractor” under a single agreement for Design / Construction.

It is the desire of the Tourism Authority of Panama to have a Center for Conventions Events and Exhibitions, which will be a major international center in Latin America. The goal is to create an iconic building and outdoor areas of approximately 42,000 square meters, representing the Authority’s commitment to being a world leader in cultural and convention facilities. It is also desired that the project fits well into its urban context and contributes significantly to the economic development of the community in which it is located.

The tender will be for best economic value economic and technical assessment will be made separately. Each bidder must submit two separate proposals: one economic and the other technical.

The work includes a main building which will measure 40 thousand square meters, a theater with 1,500 seats, and an exhibition hall measuring 20 thousand square meters, and should be completed by March 2014. The land where the construction will be located measures 13 acres with a value of approximately $156 million.