Taboada award cast under a cloud
- From: Vol 10, Issue 3 (March 2009)
- Category: General
- Region: Americas
- Country: Peru
- Related Companies: ACS Cobra Tedagua, Keppel Seghers, Odebrecht and ProInversión
In late February, it seemed as though Spain’s Grupo ACS had the Taboada concession in the bag. A subsequent appeal threatens to cast a cloud over Peru’s tendering procedure.
On 19 February, Spanish construction group ACS was announced as the winner of the $321 million 25-year BOT contract for the wastewater treatment plant at Taboada in Peru, beating off competition from six other bidders.
ProInversión, the government agency responsible for promoting private investment, awarded ACS’ water arm Cobra Tedagua the contract to build and operate the 1.2 ...
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