Man up – we take credit for the winners; we take credit for losers.

Repeal of Section 57 of the Insurance Act 1978 is repressive economic legislation.

Signed – Shysters

It is because the govt believes in VALUE FOR MONEY that it has turned to the Canadian Commercial Corporation (CCC). Bob has also ensured that the financing of the new airport will ensure that (a) Bermuda gets a new airport that it can AFFORD and (b) the cost will NOT place additional debt on the Bermuda taxpayer who is feeling the continued toxic effects of PLP mismanagement.

The CCC has a PROVEN track record of providing governments with the benefits of government-to-government contracting, including the time and COST SAVINGS of a simplified procurement. The CCC with GURANTEE every sub contract with the FULL ASSURANCE of the Government of Canada. A robust risk-mitigation process means that CCC supports only those suppliers that it considers are financially and technically CAPABLE and are committed to ethical business practices and corporate social responsibility, thus ensuring a high SUCCESS rate for project. The CCC oversees all contracts from start to finish. It also provides Procurement Agent services, sourcing and delivering goods and services from trusted companies. It is an agency that can be depended upon to remove all the disadvantages of competitive tendering, and is capable of SAVING the Bermuda taxpayer millions of dollars in the cost overruns which we have come to be expected on this kind of project. Bob has adopted a creative method of making sure Bermuda gets the best VALUE FOR MONEY.

David & Erwin: I got this information from publically released information.

You ask about “value for money”: The govt has already spoken repeatedly WHY they hired the Canadian Commercial Corporation – one main reason was to get VALUE FOR MONEY. Also, by financing the project in the way Bob is doing, it ensures Bermuda gets a new airport which it can afford WITHOUT placing any debt on the shoulders of the taxpayers while at the same time he has shifted the toxic risks of cost overruns OFF OF the taxpayers. Indeed, this is a critical difference in the approach between the OBA and the PLP who do not understand how to manage a fragile island economy.

Understanding CCC:
CCC provides governments with the benefits of government-to-government contracting, including the time and cost savings of a simplified procurement. Working as Prime Contractor, the CCC guarantees every sub contract with the full assurance of the Government of Canada. This robust risk-mitigation process means that CCC supports only those suppliers that it considers are financially and technically capable and are committed to ethical business practices and corporate social responsibility, thus ensuring a high SUCCESS rate for projects.
The CCC oversees all contracts from start to finish. CCC also provides Procurement Agent services, sourcing and delivering goods and services from trusted companies. It is an agency that can be depended upon to remove all the disadvantages of competitive tendering, and is capable of saving the Bermuda Government millions of dollars in the cost overruns which have come to be expected on this kind of project.

I GOT ALL OF THIS INFO BY HARVESTING PUBLIC DATA. I SUGGEST YOU DO THE SAME DAVID & ERWIN.