ST. LUCIA:
Negotiations fall through with shortlisted contractor.
The Water and Sewerage Company (WASCO) Inc. has announced that it is re-opening invitations for tenders for the John Compton Dam Rehabilitation Project after negotiations fell through with the shortlisted contractor.
Managing Director Vincent Hippolyte said that after about a month of negotiations, there was no meaningful outcome.
“Throughout the process we were trying to ensure that the negotiations would have resulted in a price, a bid, that would be considered acceptable in keeping with the estimates that we had from our consultant and in keeping with our own understanding of the work to be done. We had just one bidder. By April 16 the negotiations failed because there was no meaningful result. So the failure of negotiations meant that we had no bidder and there was no process to continue with respect to engaging a contractor to undertake the work.”
WASCO has now revised the timeline for work on the project.
“We are hoping that around mid May invitations will be out again so that by August we should be in a position to enter negotiations again.”
The setback, Hippolyte said, will in no way affect WASCO’s services to the public.
Managing Director Vincent Hippolyte said that after about a month of negotiations, there was no meaningful outcome.
“Throughout the process we were trying to ensure that the negotiations would have resulted in a price, a bid, that would be considered acceptable in keeping with the estimates that we had from our consultant and in keeping with our own understanding of the work to be done. We had just one bidder. By April 16 the negotiations failed because there was no meaningful result. So the failure of negotiations meant that we had no bidder and there was no process to continue with respect to engaging a contractor to undertake the work.”
WASCO has now revised the timeline for work on the project.
“We are hoping that around mid May invitations will be out again so that by August we should be in a position to enter negotiations again.”
The setback, Hippolyte said, will in no way affect WASCO’s services to the public.
