CPA to invest $53K on Rota concession
The Commonwealth Ports Authority is insisting on investing $53,000 from its own pockets on the Rota concession project.
During a CPA Financial Affairs Committee meeting last week, board chair Kimberlyn King-Hinds said that CPA is looking at investing the remaining $53,000 needed for the expansion of the Rota International Airport and renovations to its terminal.
The $53,000 would go to the services of Ricondo & Associates to review the project to get the RFPs out in order to get the project started.
“We have engaged the services of Ricando & Associates to review the concession plan for Rota and originally wasn’t included in their scope of work to review the Rota International Airport and the additional scope is $53,000,” she said.
King-Hinds said that, although times are hard for the economy and they have to cut back on expenses, Rota needs an economic break and if $53,000 is all that stands between that, then it’s a worthy investment.
“The people of Rota have been desperately seeking for some type of economic break and if it takes making further cuts so that they can have the $53,000 to get the expertise that they need to be able to roll out this RFP so that the concessions can go out, then I think it’s worth the investment,” she said.
King-Hinds explained that there is some interest on Rota right now to enter into a public private partnership to expand and renovate the airport.
According to a previous article on the Saipan Tribune, Barrie C. Toves, who chairs the Airport Facilities Committee of CPA board, said that there are a couple of interested investors that are asking about the seaport and airport facilities on Rota.
