OUR to receive evaluation of 360-bids today
The Office of Utilities Regulation (OUR) is to receive a final evaluation report on bids submitted for the Government’s 360 megawatt project today.
On Monday, the utilities’ regulator informed that it had pushed back its deadline to announce a winner for the project because of unforeseen legal and other issues.
While not disclosing the nature of the legal issues, Energy Minister Phillip Paulwell said the Cabinet had agreed to the extension after a presentation by the OUR.
The OUR was summoned to Monday’s meeting of the Cabinet after Paulwell received an update of the bidding process last week.
He says the Cabinet expects a report from the utilities regulator next week Monday.
The regulator said following today’s receipt of the evaluation report, it would notify of the highest bidder by September 18. It had previously given a September 12 deadline to announce the bid winner.
The Jamaica Manufacturers’ Association has said it is disappointed that there is another delay in the process. The construction of the plant is expected to begin January 30 next year and commissioned in January 2016.
Four entities are vying to take on the project, which will see 360 megawatts of energy being supplied to the national grid.
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