Insurance brokers deeply concerned at GPL procurement

Three local insurance brokers are accusing the Guyana Power and Light (GPL) of possibly violating public procurement procedures in relation to its 2021 Tender for the provision of Insurance Service for Generation and Other Equipment (GPL-PD-015-2021).

According to a letter to Minister of Public Works Juan Edghill from the Guyana Insurance Brokers Association (GIBA), its members are deeply concerned and alarmed by the conduct of GPL  which they believe skews the present tender process in favour of the current insurance holder. They also contend that this broker was granted the contract in 2017 despite “provable breaches in the tender requirements and manipulation of the process.”

The letter dated February 16, 2021 which was seen by Sunday Stabroek, follows a January 6, 2021 complaint to the Public Procurement Commission (PPC). The life of the Commission has since expired.