Contract Change

Barranquilla's COP 150.97bn award is now a COP 241.68bn live contract

Published 6 August 2026 Publisher IMWO Region Americas Confidence Confirmed
Cormagdalena project visit aboard Xin Hai Ma during Barranquilla access-channel maintenance dredging and contract modification monitoring

Cormagdalena

SECOP II records a COP 150.967 billion initial award for Barranquilla's access-channel maintenance dredging and a later modified contract value of COP 241.685 billion with a 31 December 2026 current end date. The selected consortium is legally split 70% Caribbean Region Water Conservancy Engineering SAS, 20% Panamerican Dredging and 10% CFD Ingenieria SAS. Cormagdalena documented active dredging and 80.7% execution at 31 March; accepted quantities, completion and final cost remain unpublished.

The contract now carries three dated commercial states

SECOP II controls the initial award, current contract ledger and legal consortium composition. Cormagdalena controls dated field-progress and vessel statements. The owner's multi-year dredging totals are not a contract-specific quantity ledger. No cited source proves completion, allocates physical work among members or names a lower-tier subcontractor. The image is an official visit aboard Xin Hai Ma and evidences project activity, not acceptance or member-level performance.

The published member chain stops before field allocation

The initial award, the owner's March progress snapshot and the later SECOP modification answer different questions. COP 150.967 billion is the award baseline; COP 198.564 billion was the value cited with 80.7% execution at 31 March; COP 241.685 billion is the later current contract ledger. Calling the last figure an overrun or final account would outrun the evidence because the variation instruments, measured bill and close-out remain unpublished.

Evidence conclusion

Consortium shares establish legal participation only

Outstanding evidence

  • Signed modification instruments and priced variation schedule
  • Current dredger, owner and operating party
  • Pre- and post-dredge surveys and accepted channel depth
  • Contract-specific measured dredged volume and disposal ledger
  • Physical work allocation and lower-tier appointments
  • Completion certificate, final navigation release and final account

Related records 1

Subject index

Related subjects

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Sources used 6

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