Beautiful Virgin Islands

Monday, Feb 06, 2023

COI recommends full audit of all major gov’t contracts in last 3 years

COI recommends full audit of all major gov’t contracts in last 3 years

The Commission of Inquiry (COI) report has recommended that all major contracts exceeding $100,000 that were considered and approved by Cabinet over the last three years should be the subject of a full audit performed by the territory’s Auditor General.
The audit should also look at projects that were considered and approved by ministers of government on their own as well, the report stated.

The COI report said the audit should include major projects that have been the subject of contract splitting or sequential contracts.

During the course of the COI, it was discovered that 60 per cent of all major government contracts were being split into smaller ones by the then Andrew Fahie-led government.

With contract splitting, the tender process is usually waived by Cabinet and multiple contractors are selected to execute a project.

Meanwhile, in the COI report submitted to Governor John Rankin by Commissioner Sir Gary Hickinbottom, it was recommended that the terms of that audit exercise should consider whether there has been any manipulation of a project to avoid open tender requirements.

In further explaining this, the report said the audit should look at whether contract splitting or the use of sequential or otherwise associated contracts for the same substantive project was employed.

The report further noted that the adequacy of any reasons for a waiver of the open tender process in existence should be looked into.

In the report, Sir Gary said how and by whom the contractors were selected — whether the projects were completed; and in cases where they were not –, the estimated cost and likelihood of completion and value for money should also be investigated.

The report further stated that the audit could also be conducted by another independent person or a body instructed by the Auditor General and added that a report on that audit should be presented to the governor afterwards.

The Commissioner added that unless the relevant BVI authorities consider otherwise, further steps including any criminal investigation and steps towards the recovery of public money can await the outcome of that audit.

Related Articles

Beautiful Virgin Islands
2 earthquakes in Turkey killed over 2,300 people
I have a dream, MLK inspiring speech
Powerful Earthquake Strikes Turkey and Syria, Killing More Than 1,300 People.
Aretha Franklin, Marvis Staples - Oh Happy Day
Turkish photographer Ugur Gallenkus portrays two different worlds within a single image. Brilliant work
BVI Freedom Song
Tennessee Bill Would Imprison People for 3 Years If They 'Lie' About Rape to Get an Abortion.
Billy Preston - You Can't Beat God Giving (Live)
Charlie Munger, calls for a ban on cryptocurrencies in the US, following China's lead
EU found a way to use frozen Russian funds
Oh Happy Day Edwin Hawkins - Anthony Brown w FBCG Combined Choir
First generation unopened iPhone set to fetch more than $50,000 at auction.
'Stand by Me' performed by Karen Gibson and The Kingdom Choir
WARNING GRAPHIC CONTENT - US Memphis Police murdering innocent Tyre Nichols
National Anthem of the British Virgin Islands - Oh, Beautiful Virgin
Almost 30% of professionals say they've tried ChatGPT at work
Hello Dolly
Interpol seeks woman who ran elaborate exam cheating scam in Singapore
for KING & COUNTRY - Amen (Reborn) [feat. Lecrae & The WRLDFMS Tony Wi
What is ChatGPT?
Bob Marley - Get Up Stand Up
Bill Gates is ‘very optimistic’ about the future: ‘Better to be born 20 years from now...than any time in the past’
Yes He Can
Tesla reported record profits and record revenues for 2022
What A Friend We Have In Jesus
Prince Andrew and Virginia Giuffre Photo Is Fake: Ghislaine Maxwell
Opinion | Israel’s Supreme Court Claims a Veto on Democracy
Touch The Hem Of His Garment
Moonwalker Buzz Aldrin Gets Married On His 93rd Birthday
The Lord's Prayer
Who’s Threatening Israeli Democracy?
Federal Reserve Probes Goldman’s Consumer Business
China's first population drop in six decades
Ray Charles And The Voices Of Jubilaton, Oh, Happy Day
Microsoft is finalising plans to become the latest technology giant to reduce its workforce during a global economic slowdown
Ramblin' Rose
China's foreign ministry branch in Hong Kong urges British gov't to stop the biased and double standards Hong Kong report
Protoje - Who Knows ft. Chronixx
Tesla slashes prices globally by as much as 20 percent
Pressure - Virgin Islands Nice
1.4 Million Copies Of Prince Harry's Memoir 'Spare' Sold On 1st Day In UK
Phil Wickham - House Of The Lord
After Failing To Pay Office Rent, Twitter May Sell User Names
My God Is Real (Yes, God Is Real)
Lisa Marie Presley, singer and daughter of Elvis, dies aged 54
The Lion King Circle of Life by LEBO M. — LIVE at the HAVASI Symphonic
FIFA president questioned by prosecutors
Louis Armstrong - When The Saints Go Marching In
Britain's Sunak breaks silence and admits using private healthcare
Kanye West Sunday Service - hallelujah, salvation, and glory
Hype and backlash as Harry's memoir goes on sale. Unnamed royal source says prince 'kidnapped by cult of psychotherapy and Meghan'
Jonathan Nelson - I Believe (Island Medley
Saudi Arabia set to overtake India as fastest-growing major economy this year 
From The Virgin Islands Sqad Up
Common, John Legend - Glory
Anthony Evans vs. Jesse Campbell - If I Ain't Got You