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BEDC to give virtual advice on pre-qualification for contractors

The Bermuda Economic Development Corporation is to offer virtual information sessions next week for small and medium-sized construction companies that wish to pre-qualify to be considered for contracts as part of Government's $13.4 million economic stimulus programme.

The programme, launched by the Ministry of Public Works, is designed to provide urgent stimulus to the local economy to retain and boost employment numbers in the wake of the economic downturn sparked by the Covid-19 pandemic.

The ministry seeks to use as many pre-qualified companies as possible, to provide construction, maintenance, repair and/or improvements to existing infrastructure.

To help interested persons understand the tender process and what documents will be required to be considered and be fully compliant with the ministry’s request for statement of qualifications (RFSQ), the BEDC is hosting the information sessions daily from Tuesday to Friday next week.

Two separate series of one-hour virtual information sessions will be held.

Session one: Understanding the Stimulus Programme and General Prequalification Forms, will held daily from Tuesday through Friday at 9am, 2pm and 6.30pm.

Session two: Understanding Financial Rates and Change Orders, will be held Tuesday through Friday at 5pm and 7.30pm.

William Spriggs, director of economic and co-operative development at the BEDC and project lead, said: “We look forward to continuing to support small and medium businesses in the construction industry.

“We know that providing additional information and guidance helps to level the playing field when it comes to successfully winning Government contracts and we look forward to ensuring that these businesses have the support that they need.”

David Burch, the public works minister, said when the programme was announced last month: “Many small to medium-sized companies may not have experience in responding to government solicitations and the associated procurement requirements and [the assistance of BEDC] will significantly increase their ability to gain work through the stimulus programme.”

To learn more about the MPW’s construction stimulus RFSQ visit: www.gov.bm/procurement/rfsq-stimulus-program or email stimulus@gov.bm

For more information and to register for the virtual information sessions, visit www.bedc.bm/our-events/webinars/# or email admin1@bedc.bm.

William Spriggs, of the Bermuda Economic Development Corporation (File photograph)

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Published January 13, 2021 at 4:06 pm (Updated January 13, 2021 at 4:37 pm)

BEDC to give virtual advice on pre-qualification for contractors

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