Latest update July 4th, 2024 12:59 AM
Jun 19, 2020 News
As Guyana waits in bated breath for the results of elections 2020 to be announced, it is business as usual at a few State companies.
The Guyana Power and Light Inc. (GPL) on Tuesday approved almost $600M in payments for eight utility trucks. The payment of $587M to Massy Motors (Guy) Limited would have come after a Local Purchase Order was issued on January 31, 2020.
While GPL is a state-owned company with Board of Directors, with the elections process ongoing, there has been deep worry by opposition parties about last minute spending.
The order said that GPL paid for four IVECO trucks with “Versa SST 40 Bucket Truck (45 feet)” for $63,334,365. The four trucks cost $253,337,460.
The same Local Purchase Order also said that four IVECO/VST 5500 Utility Truck (65 feet) were ordered. They cost $83,441,580 each for a total of $333,766,320.
According to the order, GPL paid Massy Motors 30 percent in advance with 60 percent of the monies after the trucks would have arrived. The remaining 10 percent is due after 30 days of receipt of the trucks.
The trucks are said to be all part of the fleet maintenance for GPL and to be used by the Generation Department.
It is unclear what procurement procedures were used for the procurement of the trucks.
Routledge, the exploiter, says Glenn Lall has an axe to grind!
Jul 04, 2024
Kaieteur Sports – The West Indies began their tour of England with a resolute batting performance in their warm-up match against an FCC XI at Beckenhem, finishing the opening day on a high...Kaieteur News – When it comes to rooting out corruption, the PPPC likes to talk the talk but it has failed palpably... more
By Sir Ronald Sanders Waterfalls Magazine – The seven-nation Organization of Eastern Caribbean States (OECS), which... more
Freedom of speech is our core value at Kaieteur News. If the letter/e-mail you sent was not published, and you believe that its contents were not libellous, let us know, please contact us by phone or email.
Feel free to send us your comments and/or criticisms.
Contact: 624-6456; 225-8452; 225-8458; 225-8463; 225-8465; 225-8473 or 225-8491.
Or by Email: [email protected] / [email protected]