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Panama Canal Authority rejects claims for expansion project - The Panama Canal Authority (ACP) has issued a statement rejecting the admissibility of some financial claims made recently by contractor GUPC relating to the Canal’s expansion project. Responding to reports in European media of a $2bn cost overrun claim by GUPC, the ACP’s statement says that the reported $5.673bn total claim was already submitted to […]
The Panama Canal Authority (ACP) has issued a statement rejecting the admissibility of some financial claims made recently by contractor GUPC relating to the Canal’s expansion project. Responding to reports in European media of a $2bn cost overrun claim by GUPC, the ACP’s statement says that the reported $5.673bn total claim was already submitted to …
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