New $2B contract to complete Princess Street Road

Sep 23, 2026 News

…after initial $631M project collapsed

(Kaieteur News) – The Ministry of Public Works will spend some $2 billion to complete the rehabilitation of the Princess Street Road project.

According to information published by the National Procurement and Tender Administration Board (NPTAB), the new contract for the road expansion was awarded to Associated Construction Services to the tune of $2,078,784,698, following the national bidding process. Based on the date provided, NPTAB awarded the new road contract on July 17, 2026.

Kaieteur News reported earlier this year that the public works ministry went out to tender requesting bids for the “rehabilitation/construction of Princess Street-Cemetery Road to St. Stephens Street (1070m)”.

New $2B contract to complete Princess Street Road

Pictures taken on September 22, 2026 of the current condition of Princess Street between Cemetery Road and St. Stephens Street.

Seven bids were since received for the project, based on the tender minutes published by NPTAB at the time.

This publication reported that the ministry was seeking a new contractor to complete the project after the initial contract was terminated in December 2025.

Subject minister Juan Edghill and his team had visited the project site back in December where he announced that the $631 million contract to Yhardram & Sons Construction Establishment was terminated due to poor performance. The project commenced in November 2024 and was expected to be completed in September 2025. The contractor was expected to construct an asphalt concrete road, concrete drains, concrete walkways and retaining walls.

“The contractor has failed to execute his contractual obligations. Not only did he fail to execute his contractual obligations, but he also left the thoroughfare in a mess, causing inconvenience to residents and other users,” the minister was quoted in a Department of Public Information article.

The roadway spans 1,070 metres with a width of 10.37 metres and is designed to integrate seamlessly with the Cemetery Road expansion, improving connectivity between Cemetery Road and High Street.

“Our intention is to expand the width of Princess Street, putting in better drainage arrangements so that when the traffic comes off of Cemetery Road to four lanes, we will have an upgraded Princess Street to help move the traffic westward,” Minister Edghill said.

At the time, Edghill said that the ministry’s Special Projects Unit (SPU) will take over the project and do road works so as to improve traffic flow and accessibility along the critical corridor.

Meanwhile, last month, Minister of Public Works, Bishop Juan Edghill and his technical team met with residents of Princess Street to discuss the upcoming works on the main thoroughfare.

The ministry reported that the minister and his team conducted a walk-through of the project alignment, spanning the vicinity of Princess Street and Cemetery Road, continuing westward.

The engagement provided residents with an opportunity to hear directly from the technical team on the scope and progression of the works, as preparations continue to get the project underway.

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Ministry of Public Works, NPTAB, Princess Street between Cemetery Road, road works

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