International Public Bid Process of the 'Concesión Embalse Las Palmas' Project - Real Estate and Construction - Chile Law Articles in English - Mondaq Business Briefing - Books and Journals - VLEX 691017685

International Public Bid Process of the 'Concesión Embalse Las Palmas' Project

Author:Mr Juan Pablo Stitchkin and Javiera Avilés
Profession:Carey
 
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On Friday July 28, 2017, the Chilean State, through the Ministry of Public Works, published a call for tenders for the International Public Bid Process of the "Concesión Embalse Las Palmas" Project, which includes the construction, maintenance and exploitation of a reservoir to ensure irrigation to the mid and low level areas of the Petorca river valley.

The Las Palmas Reservoir, located in the Las Palmas estuary, 17 kilometers west from the village of Petorca, will have a capacity of 55 million cubic meters, flooding a total surface of 252 hectares.

The official estimated budget of the works is UF 3,880,000 (approx. USD 158 million).

Prequalification

Individuals or legal entities, national or foreign, may participate in the tender process, either individually or in a consortium, provided...

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