Beautiful Virgin Islands

Tuesday, Jun 24, 2025

Leasing Cutlass Tower for 3 and 5 years to facilitate Admin Complex repairs is necessary

Leasing Cutlass Tower for 3 and 5 years to facilitate Admin Complex repairs is necessary

Premier Andrew Fahie said the Cabinet’s decision to lease two floors at the Cutlass Tower for a period of three and five years is a necessary move.

Leasing the office spaces are to facilitate repairs of the Central Administration Complex, now referred to as the Ralph T O’Neal Administration Complex.

When BVI News questioned the Premier on the length of time for the lease, and whether it was necessary to rent for years, he said: “The terms [of the lease] are because it is projected that some areas will be rented for longer periods because other areas of government will move in when the present office comes out seeing that space continues to be an issue in government.”

“Of course it is necessary to move because the building cannot be repaired with us in it. Everyone is moving. This is just one of many moves that will be made. This is done all the time by government so research would show that this is nothing new,” added the Premier who made it clear that his government was not responsible for sourcing the location or negotiating the cost of the rental accommodation.


Work to commence shortly

Meanwhile, Works Minister Kye Rymer who now has oversight of the undertaking said in a recent sitting of the House of Assembly that work on the complex will begin shortly.

He said: “This administration pledged to expedite the recovery and rebuilding agenda and to prioritize the rehabilitation of the Central Administration Complex. Today, your Government is keeping another promise to our people. Our word is our bond. We are delivering on the mandate entrusted to us, and we are just getting warmed up.”

He continued: “The contractors for the repairs to the roof specifically to address sealing the concrete base of the roof and reinstalling the sky lighting has been selected. These contracts have been awarded to STO, with local affiliation Mr Dion Stoutt and Wallans Skylight.”

Rymer stated, that once no setbacks are encountered, work is expected to commence “around the end of this year.”

He informed that the contractors have started mobilisation and have started to work on the site.

“Materials are being sourced and some has actually started arriving on island. Removal of the membrane of the roof for the repairs is scheduled to start any day now, and assessments are being conducted on the condition of the roof,” he remarked.

As it relates to other work such as replacing the windows, frames, and doors, the successful bidder will be informed by year’s end, he noted.

The Works Minister said he would provide “a more detailed update on the progress of the Central Administration Complex as the project advances.”

In the meantime, Rymer said the Office of the Deputy Governor’s has been working to securing appropriate accommodation for the Public Officers and staff who have been based at the Central Administration Complex since the hurricanes.

“Relocation is necessary because as we progress with the repairs, the facility will not be conducive to the safety of persons nor to concentration on work,” he stated.


Cost factor

According to a report on Cabinet’s October 2 meeting, the government decided to enter into a five-year lease agreement with Lake Development Co. Ltd who is the owner of the Cutlass Tower on Waterfront Drive in Road Town.

By BVI News’ calculations, the lease agreement is valued a little more than $1.2 million for rental accommodation for the Office of the Premier.

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Macron and Merz: Europe must arm itself in an unstable world
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Airlines Evaluate Flight Cancellations Amid Escalating US-Iran Tensions
Starmer Invites Innovators to Join Government Talent Scheme
UK Economy’s Strong Opening Quarter Shows Signs of Cooling
Harrods Seeks Court Order to Secure Al Fayed Estate for Victims
BA and Singapore Airlines Cancel Dubai Flights Amid Middle East Tensions
Trump Faces Backlash from MAGA Base Over Iran Strikes
Meta Bets $14 B on Alexandr Wang to Drive AI Ambitions
WATCH: Israeli forces show the aftermath of a massive airstrike at Iran's Isfahan nuclear site
FedEx Founder Fred Smith, ‘Heart and Soul’ of the Company, Dies at 80
Chinese Factories Shift Away from U.S. Amid Trump‑Era Tariffs
Pimco Seizes Opportunity in Japan’s Dislocated Bond Market
Labubu Doll Drives Pop Mart to Status as China’s Most Valuable Toy Maker
Global Coal Demand Defies Paris Accord Goals
We have new information and breaking details to share about what is shaping up to be a historic air campaign tonight
Six Massive Bombs Dropped on Fordow; Trump: 'A Historic Moment for the U.S., Israel, and the World'
Fordow: Deeply Buried Iranian Enrichment Site in U.S.–Israel Crosshairs
United States Conducts Precision Strikes on Iran’s Nuclear Sites
US strikes Iran nuclear sites, Trump says
Pakistan to nominate Trump for Nobel Peace Prize.
BBC Demands Perplexity AI Immediately Stop Using Its Content
Telegram Founder: I Will Leave My Fortune to Over 100 of My Children
Political Turmoil Resurfaces in Belgium Amid Economic Concerns
Fed policymakers divided on timing of interest rate cuts
Trump signals imminent agreement with Harvard University
Inheritance tax referendum alarms Swiss billionaire community
Japan cancels bilateral security meeting amid US defence demands
AI skeptic Emily Bender warns that ‘the emperor has no clothes’
Israel Confirms Assassination of Quds Force Commander in Tehran
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
FBI and Senate Investigate Allegations of Chinese Plot to Influence the 2020 Election in Biden’s Favor Using Fake U.S. Driver’s Licenses
Vietnam Emerges as Luxury Yacht Destination for Ultra‑Rich
Plans to Sell Dutch Embassy in Bangkok Face Local Opposition
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump's $5 Million 'Trump Card' Visa Program Draws Nearly 70,000 Applicants
DGCA Finds No Major Safety Concerns in Air India's Boeing 787 Fleet
Airlines Reroute Flights Amid Expanding Middle East Conflict Zones
Elon Musk's xAI Seeks $9.3 Billion in Funding Amid AI Expansion
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Taiwan Imposes Export Ban on Chips to Huawei and SMIC
Israel has just announced plans to strike Tehran again, and in response, Trump has urged people to evacuate
Netanyahu Signals Potential Regime Change in Iran
Juncker Criticizes EU Inaction on Trump Tariffs
EU Proposes Ban on New Russian Gas Contracts
Analysts Warn Iran May Resort to Unconventional Warfare
×