The government has issued a request for proposal [RFP] “To conduct a financial feasibility study to determine the optimal direction for government-owned quarries.”
The notice says, “This request for proposal is [RFP] Invitation from the Bermuda government [the “Government”] To proposers who are likely to submit a proposal for quarrying work in a financial feasibility study, as further explained in Section A of the RFP details.
“The Bermuda government is seeking suggestions from qualified companies to conduct a financial feasibility study to determine the optimal direction for government-owned quarries. Includes a cost-benefit analysis to predict the expected rate of return on investment [ROI], And an overview of the financial risks associated with the potential future operational scenarios of the quarry. “
“The goal of the contract is to determine if quarry privatization or infrastructure reinvestment is optimal,” the document states.
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