$819K Contract Inked For Third District Works
BVI Platinum News | 13 Opinions
Published: February 25, 2014 5:25 pm AST
Premier and Minister of Finance, Dr. D. Orlando Smith [left] and Hon. Mark Vanterpool, Minister for Communications and Works at the signing of the $819,000 contract with G-Unit Construction under CDB Loan Project.
Photo Credit: Gordon French/BVI Platinum News
The first construction contract under the Caribbean Development Bank (CDB) $15.7 million loan project was signed today, February 25 between the Government and G-Unit Construction for the Pleasant Valley Bridge and Drainage Rehabilitation.

Works valued at $819,848.58 are expected to start in another two weeks and completed within a further 180 days.

G-Unit is expected to undertake the demolition of the existing bridge structure, construction of a new bridge structure, construction of drainage infrastructure including culverts and box drains, and road rehabilitation.

Premier and Minister of Finance, Hon. Dr. D. Orlando Smith who inked the contract on behalf of the Government, said he is pleased that works on the many CDB loan-funded projects, which received final approvals from Her Majesty's Government in 2012, are now beginning.

"Albeit a long, arduous journey, it is a worthwhile one which affords the Government the opportunity to remain committed to the people of the Virgin Islands. I thank the people of the Virgin Islands for their patience and for enduring some of the severely damaged roads in and around the Territory," Premier Smith stated.

The Premier noted that in moving the Territory towards stability and growth, the Government continues to maintain a strong focus on infrastructural projects via improved road networks and extensive repairs to existing roads.

The Premier also noted that such a sizeable investment is not simply a financial investment, but a significant one that allows for the repair and construction of much needed infrastructure.

"Finalization of the necessary CDB formalities enables us to forge ahead with this project to the next phase of our developmental plans for the Pleasant Valley area," Premier Smith stated.

Minister for Communications and Works, Hon. Mark Vanterpool affixed his signature as a witness. He expressed happiness that the major part of the loan project is getting off the ground.

"As Minister for Communications and Works, I wish to reiterate that it is important for our local contractors to take advantage of these opportunities, to bid,and improve your chances of being awarded a contract. By doing so, you are actively contributing to the development of this Territory," Minister Vanterpool said.

He reported that two of the CDB funded projects on Jost Van Dyke have now been completed, funded through local funding, while work has commenced on additional projects in the areas of Jost Van Dyke and Cane Garden Bay.

Minister Vanterpool noted that in the next few weeks, they will witness the signing of another contract for the works on the Ballast Bay bridge on Tortola, as other tender documents are currently being prepared for signing.

Greg Hodge of G-Unit Construction [right] signing the $819,000 contract under the CDB Loan Project.
Photo Credit: Gordon French/BVI Platinum News
Other areas to be rehabilitated in the coming months include Fortune Ghut, Ballast Bay, Harrigan's Estate, Windy Hill, Huntum's Ghut, Horsepath, Pockwood Pond, Long Trench, Johnson's Gut, Cox Heath, Nottingham Estate, Thomas Land, Greenland, Parham Town, the Valley (Virgin Gorda), Carrot Bay, Brewer's Bay, Sea Cow's Bay and Upper Free Bottom.

The first contract under the CDB loan was signed on March 15, 2013 with Engineering Consultant FDL Consult Inc. to provide oversight.

The CDB loan project came about after the Territory experienced four major storm events in 2010 for consecutive months between July and October. A major flooding event occurred during the period October 6th through 8th with the passage of Sub-Tropical Storm Otto. The Department of Disaster Management recorded approximately 26 inches of rainfall associated with the storm, which generated severe impacts primarily on Jost Van Dyke, Tortola and Virgin Gorda.

The Virgin Islands Party Government at the time approached CDB which approved the loan for a total of $15,672,000. Further approval was sought from the UK Government to borrow loan funds, and this approval was granted in May 2012.
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Readers' Opinion
13 Opinions | Post Your Opinion
Please note that the opinions posted are the opinions of its author and does not reflect the views of the management, staff, parent company or sponsors of Virgin Islands Platinum News.
LOL... | Report Abuse
Hon. Fraser got NDP just where he want them. Look where this amount of money spending first, up Pleasant Valley...lol. So many more important things to take care of and this takes precedent?
February 26 at 11:36am | Like1 Person like this.   Dislike1 Person dislike this.
LOL... | Report Abuse
precedence that is......
February 26 at 12:21pm | Like    Dislike
hog city | Report Abuse
So it's pnly fraser living in theire? shanocks!!!!!!
February 26 at 6:49pm | Like    Dislike
and aya wan be cryin aya brokes... strupes.. wastin money too build crap...
February 26 at 4:09am | Like1 Person like this.   Dislike7 People dislike this.
Just saying.... | Report Abuse
ok so im curious, who is crying they brokes and how are they wasting money to build crap?? sounds like you dont live in that area so you couldnt care less...typical thinking of someone that doesnt think much or not capable of thinking with sense.
February 26 at 9:11am | Like6 People like this.   Dislike1 Person dislike this.
observer | Report Abuse
Good going Greg i'm happy for you do your best ........
February 25 at 9:57pm | Like4 People like this.   Dislike5 People dislike this.
Byron | Report Abuse
Wow, that's expensive! No wonder this small territory spending almost $250M in expenses. Too much inflated costs.
February 25 at 9:54pm | Like16 People like this.   Dislike1 Person dislike this.
Just saying.... | Report Abuse
and who do you think came up with the price, the government or the contractor?? let them had to bring in someone from overseas to do it at a lesser price and the island would be in an uproar.
February 26 at 9:13am | Like5 People like this.   Dislike
ooooo | Report Abuse
this is the same money that the ndp voted against
February 25 at 9:24pm | Like14 People like this.   Dislike15 People dislike this.
Just saying.... | Report Abuse
ok so lets just burn it then since it was voted against.....
February 26 at 9:14am | Like1 Person like this.   Dislike
Truth Sayer | Report Abuse
Oooooooooooo! Stop the foolish talk. This is CDB's money which the
VIP Government applied for but could not or did not get. The NDP Government was able to get it when they came to office. Doesn't that tell you something!

So stop misleading people and be grateful that NDP Government... more
February 26 at 6:50pm | Like2 People like this.   Dislike1 Person dislike this.
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