$335M contract signed for updated property valuation system

By Stabroek News On In Guyana News |
Minister of Communities Ronald Bulkan and President of Axilogic Michael Chettleburgh pose with the signed contracts. Also in the picture are Permanent Secretary at the Ministry of Communities, Emile McGarrell (at left), Chief Executive Officer (CEO) of Axilogic John Psihos, Representative of MPAC, Antoni Wisniowski and Canadian High Commissioner Liliann Chatterjee. (Department of Public Information photo)
Minister of Communities Ronald Bulkan and President of Axilogic Michael Chettleburgh pose with the signed contracts. Also in the picture are Permanent Secretary at the Ministry of Communities, Emile McGarrell (at left), Chief Executive Officer (CEO) of Axilogic John Psihos, Representative of MPAC, Antoni Wisniowski and Canadian High Commissioner Liliann Chatterjee. (Department of Public Information photo)

The Ministry of Com-munities yesterday signed a $335 million contract with the Municipal Property Assessment Corporation (MPAC) and Axilogic Inc. to update the property inventory and valuation systems across local democratic organs in Guyana.

The project will be piloted in New Amsterdam, Berbice, beginning October today and it is expected to be completed towards the end of 2019, according to the Department of Public Information (DPI).

The signing of the contract, which took place at the ministry’s boardroom in Kingston, is for the introduction of new technology and capacity building to support the sustainable implementation of modernised property inventory and valuation.