Portion of CDB loan to go towards new West End Ferry Terminal Project- VI Gov't - Invitations for bids will be issued in September 2023

WEST END, Tortola, VI- The Government of the Virgin Islands (GOVI) has received financing from the Caribbean Development Bank (CDB) in an amount equivalent to US$65,291,000, and some will be allocated for the construction of the West End Ferry Terminal.

The Virgin Islands Recovery and Development Agency (RDA) is the Executing Agency for the Project, and the Government of the Virgin Islands is responsible for the overall implementation of the project.

According to a press release from Government Information Services (GIS) today, August 14, 2023, the RDA intends to prequalify contractors for the construction of the West End Ferry Terminal and it is expected that invitations for bids will be issued in September 2023.

Who are eligible to submit bids?

According to the press release, consideration will be limited to firms or joint ventures of firms that are legally incorporated or otherwise organised in, and have their principal place of business in an eligible country, and is either: more than 50% beneficially owned by a citizen or citizens and/or a bona fide resident or residents of an eligible country or countries, or by a body corporate or bodies corporate meeting these requirements; or owned or controlled by the government of an eligible country provided that it is legally and financially autonomous and operated under the commercial law of an eligible country and otherwise meets the eligibility requirements of the CDB Guidelines for Procurement (2006).