Morgan & Morgan

Morgan & Morgan

507.265.7777
Email: [email protected]

Morgan & Morgan
MMG Tower, 23rd Floor Ave. Paseo del Mar, Costa del Este Panama City Rep. of Panama

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507.265.7777 | [email protected]
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Morgan & Morgan advised First Transit in connection with a Consulting Services Agreement for the operation of the Metro Bus system

Monday, 16 November 2015 / Published in expertise, Inocencio Galindo

Morgan & Morgan advised First Transit in connection with a Consulting Services Agreement for the operation of the Metro Bus system

The Ministry of the Presidency contracted First Transit de Panama Inc. (part of First Group plc, a publicly traded company in the London Stock Exchange) as a Consultant by means of a Consulting Services Agreement, for it to provide management services to Transporte Masivo de Panamá, S.A., which is the concessionaire for the operation of the Metro Bus System.  Metro Bus is the bus rapid system for Panama City and San Miguelito, comprising 1,200 buses and seven bus stations, providing services to more than 500,000 daily citizens.

The firm’s advice and participation consisted of, among others, the drafting, reviewing, participating, and actively counseling, in negotiations of the Consulting Services Agreement, required in order to complete the US$10.6 million transaction.

Partner Inocencio Galindo and associate Aristides Anguizola, participated in this transaction.

 El Ministerio de la Presidencia contrató a First Transit de Panamá Inc. (miembro de First Group plc, compañía inscrita en la Bolsa de Valores de Londres) como consultora a través de un Contrato para Servicios de Consultoría, para suministrar servicios administrativos a Transporte Masivo de Panamá, S.A., concesionario para la operación del sistema de Metro Bus. Metro Bus es el sistema de transporte público de la ciudad de Panamá y San Miguelito, con 1,200 buses y siete estaciones, el cual ofrece servicio a más de 500,000 ciudadanos diariamente.

La asesoría y participación de la firma involucró, entre otras cosas, redactar, revisar, participar y asesorar activamente durante las negociaciones del Contrato para Servicios de Consultoría, con el fin de completar la transacción de US$10.6 millones.

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