Honduras contractors face challenges

The authorities in Honduras have excluded a number of contractors from taking part in the construction of the central highway project. The firms in question do not meet technical and financial requirements set by the World Bank, which is supplying funding for the projects.
May 4, 2012 Read time: 1 min
The authorities in Honduras have excluded a number of contractors from taking part in the construction of the central highway project. The firms in question do not meet technical and financial requirements set by the 2332 World Bank, which is supplying funding for the projects. At least 10 companies are affected and this situation is said to place major concerns over their future. The Construction Industry Association of Honduras (2326 CHICO) is keen for local firms to be given equal opportunities to take part in major road construction projects however. It says that increasing the number of participants allowed would help improve transparency and result in more competitive pricing.

For more information on companies in this article

Related Content

  • Set the ALARM for repairs in England and Wales
    January 10, 2019
    More than 3,900km of roads in England and Wales will need essential maintenance within the next year, according to the annual ALARM survey* Cash-strapped local governments are reporting that the gap between the funds they received and the amount they needed for repairs and maintenance was almost €639 million. This equated to an average shortfall of €3.75 million for every authority. It would take 14 years to get local roads back into a reasonable steady state, but only if adequate funds and resources wer
    Read More
  • Caterpillar eyes better performance in 2015 amid stormy weather
    May 13, 2015
    Caterpillar vice president Paolo Fellin sums up the past year for the global equipment manufacturer and looks at the increasing importance of telematics and machine control. David Arminas reports from Caterpillar’s Demonstration and Learning Centre in Malaga, southern Spain First the good news. Despite the difficulties, especially of the financial markets, 2014 was “a record year for a lot of things” for global heavy equipment maker Caterpillar.Now the bad news. Hang onto your seats because despite some
    Read More
  • Solar roads such as Colas’s Wattway could be the right way
    April 26, 2016
    Peter Harrop, chairman of independent research and consultancy IDTechEx, considers arguments in favour of solar roads Nowadays a major trend is the move to off-grid clean energy created by “energy harvesting” to produce electricity where it is needed. This is more controllable and increasingly at lower cost than grid power or diesel gensets, cleaner, and often less subject to interruption. It is taking new forms as revealed in the IDTechEx Research report, “High Power Energy Harvesting 2016-2026”.
    Read More
  • Solar roads such as Colas’s Wattway could be the right way
    April 26, 2016
    Peter Harrop, chairman of independent research and consultancy IDTechEx, considers arguments in favour of solar roads Nowadays a major trend is the move to off-grid clean energy created by “energy harvesting” to produce electricity where it is needed. This is more controllable and increasingly at lower cost than grid power or diesel gensets, cleaner, and often less subject to interruption. It is taking new forms as revealed in the IDTechEx Research report, “High Power Energy Harvesting 2016-2026”.
    Read More

Highlighted Content