A law that will ensure more transparency in the way government contracts are administered might become implemented if the Virgin Islands Party (VIP) is elected as the next BVI government.
VIP Chairman and opposition leader Andrew Fahie is branding that law as the Contractor General legislation.
He said this legislation would ‘mirror’ the Recovery and Development Agency’s (RDA) mandate and ‘enhance’ the BVI/UK Protocols of Effective Financial Management agreement, which says: “All projects must be subjected to a tendering and procurement process that guarantees the highest level of transparency and fairness practicable.”
He said he wants to implement a Contractor General law because of post-hurricane reports that government had issued contracts without conducting the required tendering process.
“I have been singing for the last seven years – police ourselves or someone is going to police us in a manner that we all don’t like,” said Fahie on Wednesday during what he said was the first of a series of meetings he will hold as opposition leader.
Fahie said the Contractor General legislation will ‘prove to the world that the BVI can police itself when the RDA fulfils its mandate and is dissolved in the next five years.
Fahie further said residents can expect other legislation such the Freedom of Information Act, as well as policies that will improve already-existing public integrity laws.
He said he will also move to make Cabinet decisions public; except those which threaten national security.
Fahie, in the meantime, said if he becomes the next Premier, he will ensure local financial services providers are made to pay a recovery tax.
He said each firm would be required to make an average contribution of $5,000 to the BVI.
“If you do that for at least $300,000 companies, you will have $1.5 billion,” he reasoned.
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