With the 100-year-old Panama Canal and its challenging third-lane expansion just miles away, engineers from around the world debated project transparency earlier this month in Panama City at an American Society of Civil Engineers conference.
In a session on “Maintaining Transparency and Integrity in the Procurement of Gigaprojects,” moderator William P. Henry, a consultant to Pegasus Global Holdings Inc. and a former American Society of Civil Engineers president, set the stage by saying that any of the players in a project from owners to engineers and from financiers to equipment suppliers can be “a source of difficulty in getting projects done in a transparent way.”