-says 40-year contract period means no increases
With just a week to go before toll increases are slated to go into effect, the Berbice Bridge Company Incorporated (BBCI) has made a major offer to the Government.
The Company has offered Government a chance to extend the life of the contract to spare commuters toll increases.
In correspondence to Public Infrastructure Minister David Patterson, BBCI Finance Controller Stephen Rambajan requested a meeting with the Minister on the Board’s behalf and in the public interest to discuss the terms of this offer.
According to the offer, BBCI is seeking an agreement to extend the contract period to 40 years. This extension, according to Rambajan, will make it unnecessary to implement the toll increases the company announced on October 16, 2018.
