ACCORDING to the Commonwealth Utilities Corp., Marianas Variety mistakenly reported on April 12 that of 11 firms interested in the privatization of the CNMI’s power business the “field was narrowed down to four.”
CUC says Variety should have reported that of 11 firms that showed an initial interest by obtaining the documents for the privatization request for proposal, four followed through to actually submit proposals for the pre-qualification phase of CNMI procurement.
The article went on to incorrectly assert that the four firms are therefore pre-qualified. No firms are pre-qualified prior to the issuance of a certificate of pre-qualification that will be issued by the existing CNMI privatization committee — not a committee that has yet to be formed as was also incorrectly reported.
Evaluations of the four firms’ credentials and technical capabilities will now take place and this is the purpose of the pre-qualification phase of the procurement.
Firms that are issued a certificate of pre-qualification will then make a determination whether to then submit a proposal for the purchase of the CNMI power business as the next procurement phase takes place.
Parties are encouraged to go to www.cuccnmi.com for correct details.