Committee to evaluate bids for Pointe refinery

  • The Government of Trinidad and Tobago has appointed a ten-member committee to evaluate at least 25 bids for the sale or lease of the Guaracara refinery at Pointe-a-Pierre.
  • Trinidad Petroleum Holdings Ltd (TPHL) says the evaluation committee will be led by the permanent secretary in the Ministry of Finance Vishnu Dhanpaul.
  • The committee will evaluate all bidders participating in the Guaracara request for proposal (RFP) and make a recommendation to the Cabinet on the preferred bidder. TPHL stated that the appointment of the committee will remove any requirement for the board of directors to conduct the evaluation and selection as the committee will assume full responsibility for the selection of the preferred bidder.

 (Source: Trinidad Express)