KINGSTON - The Ministry of Public Infrastructure (MPI) wishes to inform the public that an agreement for the reduction of tolls is still being brokered with the Berbice Bridge Company Incorporated (BBCI).
In the month of November 2015, MPI sent its draft agreement to BBCI for review, in relation to toll reductions. Another copy of the proposed agreementwas sent to BBCI yesterday, November 30, 2015. The Ministry has been informed that this document is currently engaging the attention of BBCI’s lawyers.
Once MPI has received a favourable responsefrom BBCI, the GY$40M allocatedfor subventions will be available for immediate release. The toll will also be immediately implemented once the agreement has been signed by BBCI.
The Ministry had estimated that the toll reduction would be implemented by December 1, 2015. Nonetheless, MPI is optimistic that an agreement can be reached shortly with BBCI.
