Tocumen International Airport administrators decided to expand the North Pier to create additional square footage destined for shops and warehouses. Tocumen set a deadline for May 8th to receive proposals from companies interested in participating in the tender and winning the contract to construct the new commercial area.
Conceptos y Espacios, S.A. was the only company that responded to the call for bids and offered $2.8 million dollars, a full $100,000 dollars less than the price established in the bidding terms and conditions.
Juan Carlos Pino, the manager of Tocumen, S.A., pointed out that there is presently a vacant lot between the North Pier and two government office buildings, which is why they decided to take advantage of this space and expand the commercial area in the North Pier.
Between 600 and 700 meters of retail space will be provided, and this rental income should begin to pay off the construction costs in under a year.
One complaint regarding this contractual process is that Tocumen, S.A. has put out to tender the concessions for commercial premises without publishing the acts in the public procurement system.
Pino responded that, in the case of concessions that will generate income for the airport, Tocumen's internal regulation allows their management to make tenders by invitation without having to go through the legal channels of Panama Compras.
Once construction on the new North Pier is approved, this phase of expansion on the airport will accumulate a total cost of $71 million dollars.
The 800-meter long structure, with 12 boarding gates, is still not entirely equipped. They have yet to install moving sidewalks that will assist travelers, especially those making a connecting flight in Panama, to cross the terminal more quickly.