Fletcher Organisation (Vanuatu) Ltd won the contract through a competitive procurement process, at a bidding price of USD1.2 million, or approximately Vt130 million, according to the Vanuatu Project Management Unit (VPMU).
The announcement follows a no-objection-letter earlier this month from the Asian Development Bank (ADB) – as one of the key funders of the Vanuatu Inter-Island Shipping Support Project (VISSP), who together with VPMU and the Ministry of Public Utilities (MIPU) reviewed the bid evaluation report submitted by an independent panel.
