Muna, in a press conference yesterday, said CUC will need an additional $3.8 million.
“The DCM contract is basically $5.1 million — paying it is a challenge for us,” he said.
DCM is rehabilitating seven of the eight engines at Power Plant 1 for a total cost of $5,006,470.80.
According to Muna, they “wanted to go back to the table with OIA and request for some financial assistance to share the burden of paying” DCM.
CUC cannot afford to pay the full amount of DCM’s contract, he added.
CUC already received $1.2 million of the $6.5 million it has requested from OIA.
The $6.5 million, Muna said, will pay for the purchase of engine parts and “professional power generation management (technical assistance) and supervision of the ongoing contracts.”
According to the CUC report presented to the governor’s office, the $3.8 million is for the “parts and equipment required to support DCM’s contract…and allow parts for at least two engines.”
“We hope OIA would consider it, and respond positively to our request,” Muna said.
If not, CUC will search for “funding elsewhere in order to continue dealing with DCM.”
OIA is still looking into CUC’s request, he added.
DCM is a Guam-based firm in the business of engineering design services, construction management, import/export of general merchandise, and other services.
