The independent ad hoc committee that will revaluate the findings of the Revisionary Tender Committee, according to which A Vouros Consortium’s appeal against the Tender Council for the selection of Larnaka Zenos to undertake the Larnaca port and marina project is justified, will be appointed this week.
In his statements to StockWatch, Chairman of the Council, Antonis Adamides said that the Committee will be appointed by Friday and it will accelerate the procedures for the examination of the findings.
“Although it is an exceptionally big file, the committee will focus on the economic aspect and the rating of the criterion Financial 11”, he said.
Mr. Adamides also expressed his disappointment for the delays in the execution of the big projects due to the appeals that are filed against the Council’s decisions by those who fail to undertake the projects.
Mr. Adamides was not in a position to say how long it will take to reexamine the case.
Meanwhile, the recreation of the Larnaca port and marina has frozen again and the residents reacted strongly to this new delay.
According to the procedures, the three consortiums, A. Vouros Investments Ltd and Partners, η Larnaka Zenon Consortium and DJ Karapatakis & Sons Ltd submitted an application on June 31, 2007 to undertake the project.
Following the completion of the first stage, Larnaka Zenos Consortium was declared as the bidder.
This forced the two consortiums to object to the Revisionary Authority.
Karapatakis’ objection was rejected, while Vouros’ appeal was regarded as justified and the file returned to the Trnasport Ministry’s authority, which will assign the case to the ad hoc committee.
“The objections are a tactic followed by almost all companies who fail to become bidders, Secretary of the Authority”, Sophocles Ioulianos told StockWatch.
The government’s aim is to make the port of Larnaca as the main passengers’ port in Cyprus, while the marina will be able to host up to 1,000 crafts. The development will be under the D.B.F.O method (Design-Build-Finance-Operate).
In his statements to StockWatch, Chairman of the Council, Antonis Adamides said that the Committee will be appointed by Friday and it will accelerate the procedures for the examination of the findings.
“Although it is an exceptionally big file, the committee will focus on the economic aspect and the rating of the criterion Financial 11”, he said.
Mr. Adamides also expressed his disappointment for the delays in the execution of the big projects due to the appeals that are filed against the Council’s decisions by those who fail to undertake the projects.
Mr. Adamides was not in a position to say how long it will take to reexamine the case.
Meanwhile, the recreation of the Larnaca port and marina has frozen again and the residents reacted strongly to this new delay.
According to the procedures, the three consortiums, A. Vouros Investments Ltd and Partners, η Larnaka Zenon Consortium and DJ Karapatakis & Sons Ltd submitted an application on June 31, 2007 to undertake the project.
Following the completion of the first stage, Larnaka Zenos Consortium was declared as the bidder.
This forced the two consortiums to object to the Revisionary Authority.
Karapatakis’ objection was rejected, while Vouros’ appeal was regarded as justified and the file returned to the Trnasport Ministry’s authority, which will assign the case to the ad hoc committee.
“The objections are a tactic followed by almost all companies who fail to become bidders, Secretary of the Authority”, Sophocles Ioulianos told StockWatch.
The government’s aim is to make the port of Larnaca as the main passengers’ port in Cyprus, while the marina will be able to host up to 1,000 crafts. The development will be under the D.B.F.O method (Design-Build-Finance-Operate).
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