The renovation work was supposed to be finished during the last administration, but has been delayed due to lack of payments to the contractor, MCM Global. The government owed the company $23 million for the work, which includes the renovation of support structures and the painting of the superstructure.
Minister of Public Works Ramón Arosemena confirmed that the work will be finished late this year or in early 2016. Arosemena stressed that he is working on obtaining the funds to comply with the commitments that the government has with the company, so the work will speed up.
MCM Global originally signed a contract for $80.3 million for the work on the 55-year-old bridge. The contract was subsequently lowered to $74 million.
So far, the ministry has paid $17 million, and still owes $23 million for work that has been done so far.