Terminal Pacífico Project withdrawn to correct CGR observations

This Recope release was published using machine translation.

This Tuesday, July 6, 2021, the Supply Office was ordered to immediately suspend the contracting procedure of project 1250-328 “Construction of the Pacific Terminal”, removing it from the Public Procurement System (SICOP), in compliance with the agreement of the Board of Directors, taken during Ordinary Session # 5245-217 on Monday, July 5, 2021, in response to official letter DFOE-SOS-0085 of the Supervision Area for Sustainable Development (Operational and Evaluative Inspection Division) of the General Comptroller's Office of the Republic (CGR).

The highest decision-making body of the company agreed to act in accordance with what was ordered and to suspend the bidding process immediately; At the same time, it requested the Planning Directorate to correct the findings of the controlling body within a maximum period of 30 working days, with the aim of rethinking the pre-investment study, and thus being able to continue with the implementation of the Pacific Terminal for receipt of ships and storage at the Barranca Campus; in view of its strategic importance, since this project aims to guarantee the national energy supply.

It should be noted that the contracting process was in the first stage of preparing offers, which would not be received until the deadline for receipt of offers, which expired until August 24 of the current year, but as of today it remains suspended in accordance with what was ordered by the Comptroller's Office.

In this way, RECOPE as a responsible company is taking a position of compliance with the resolution, after the report has been analyzed and discussed, this Monday, July 5, 2021 by the highest body of the company, which by unanimous agreement requests to act in accordance with what was ordered and immediately annul the contracting process, until the indicated by the controlling body is corrected.