Latest update January 7th, 2025 4:10 AM
Dec 08, 2019 News
The Ministry of Public Infrastructure has invited contractors from across the region to submit bids for the reconstruction and upgrade of the Sea and River Defences at Sisters Village and nearby Lonsdale, East Bank Berbice.
The project is being financed through a US$25M loan from the Caribbean Development Bank (CDB).
According to the Ministry, the project is being implemented through its Works Services Group (WSG) which has already contracted Consultants to assist with the timely delivery of the project.
Outlined in the scope of works for the project is the realignment of river defences, excavating clay from very soft to liquid, constructing river defences, enlargement and heightening of existing river embankment and upgrading accesses to site.
The Government of Guyana intends to apply a portion of the proceeds of this financing to eligible payments under this contract.
Payments by the CDB will only be made at the request of the government and upon approval, will be subjected to the terms and conditions of the Financing Agreement.
The Financing Agreement prohibits withdrawal from the Financing Account for the purpose of any payment to persons or entities, or for any import of goods, if such payment or import.
To the knowledge of the CDB, is prohibited by a decision of the United Nations Security Council taken under Chapter VII of the Charter of the United Nations. No party other than the GoG shall derive any rights from the Financing Agreement or have any claim to the proceeds of the Financing.
Eligible bidders must be citizens of countries that are members of the CDB.
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