PSAEL: Works were verified by ministry
the Palo Seco Agricultural Enterprises Ltd (PSAEL) responds to questions from the Sunday Express:
Question: Please explain why a $22 million cheque was issued to COSL for works at 1 Alexandra Street before verification of the works?
Answer: A cheque was issued only after the works completed were verified. This payment re-
lates to the design and con-
struction works completed on One Alexandra.
Did PSAEL receive confirmation from the Ministry of Local Government that the works were verified? If yes, please indicate.
Yes, PSAEL did receive confirmation from Ministry of Local Government that the work was confirmed.
Was an attempt made to stop the cheque after it was discovered that the invoices submitted did not match the works completed?
There was no issue where the invoices did not match accordingly, therefore, no attempts were made to stop it.
The ministry had estimated the contract sum at $36 million. Please explain the reason for the contract increasing to $71 million.
PSAEL was contracted by the ministry to provide project management services for the customising and outfitting of the offices located at 1 Alexandra Street, Port of Spain, inclusive of the designs. This project was tendered using a design/build approach. On the completion of the evaluation of the bids, the ministry was informed of the proposed cost of the successful bidder. PSAEL was thereafter informed by the ministry to undertake the project at a cost of $50,520,775.65, exclusive of contingencies, supervision and management fees and VAT (value-added tax).
Please explain why the financial unopened bid was not returned to Elvis Marketing Ltd.
Our records indicate that the package was returned as per policy.
Please explain why the evaluation report states that Elvis Marketing did not submit bid security and as a result was disqualified.
Upon the Evaluation Committee’s inspection by five senior PSAEL per-
sonnel and one ministry representative, it was certified that none was received.
Did Elvis Marketing Ltd submit a copy of the bond document to PSAEL showing otherwise?
No documents are accepted after tender closure. All relevant documents are to be submitted prior to tender closure.