The opening of tenders for the Sheriff Street/Mandela Avenue Project (Lots 6-7) has been postponed, the Ministry of Public Infrastructure said yesterday, adding that it was awaiting a ‘no objection’ from the Inter-American Development Bank (IDB) for a revised scope of works.
The opening of bids had been slated for Tuesday last at the offices of the National Procurement and Tender Administration Board (NPTAB). The ministry said in a statement that the process was postponed and bidders have been informed of the postponement while the go-ahead is awaited.
The statement added that the project was revised following discussions with the Ministry of Finance, with the aim of achieving completion before the loan deadline set out by the IDB. Initially, Loan-2741 was signed in 2012 to the tune of US$66 million, with a
