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  • PM defends symbolic LIAT flight saying promotion received justifies cost

PM defends symbolic LIAT flight saying promotion received justifies cost

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Prime Minister Gaston Browne has dismissed suggestions that the November 1 LIAT flight from Antigua to Dominica cost $150,000 and was a waste of money.

The Independence Day flight was the first in six months for the Antigua-based airline after its entire fleet was grounded and almost all its employees at all levels laid off due to the coronavirus pandemic.

Late in the day on October 30th, LIAT was notified that authorities in Dominica had doubled down on their rules for admitting incoming air passengers who now need a negative PCR test for COVID-19 prior to arrival.

This meant that passengers on the November 1 flight would not be able to disembark as sufficient time was not available to complete the required testing.

LIAT decided to proceed with the flight, for its inspirational significance and marketing impact, which triggered debate over whether the flight should have been cancelled in order to save money which is already a scarce commodity for the airline.

The flight, which departed Antigua with fewer than 10 persons who did not disembark in Dominica, was also unable to board passengers wanting to depart on the flight’s return to the V.C. Bird International Airport.

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Said PM Browne, “There are some people who felt that the fact that LIAT continued with that flight, which was initially intended to be a commercial flight, there are some who are trying to argue that it’s a waste of resources. Let me place this issue into context.

“Generally speaking, based on the fact that LIAT has reduced its overhead costs tremendously, to include its lease payments, staff costs and so on, a flight to Dominica ordinarily would [cost] LIAT about EC$10,000 return. We had a number of individuals booked. My understanding is that LIAT can now break even with about 12 passengers, but because the protocols were changed in Dominica and they would have to get a COVID test almost overnight, it was impossible to pursue the commercial flight.”

According to the prime minister, by October 31, LIAT had made all required preparations “and all of the costs associated for that flight into Dominica, barring maybe, the petrol, there would have been some costs that were already incurred and could not be recovered, so their only additional costs would have been the fuel.”

Browne said information he received indicated that the fuel consumption for the Independence Day flight amounted to between US$800 to US$1,000. He concluded that the publicity and promotion LIAT received as a result of that flight was more than worth the minimal costs involved.

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REQUEST FOR EXPRESSIONS OF INTEREST

(CONSULTING SERVICES – INDIVIDUAL SELECTION)

 

OECS MSME Guarantee Facility Project

Loan No.: IDA-62670, IDA-62660, IDA-62640, IBRD-88830, IDA-62650

Assignment Title: Senior Operating Officer (SOO)

Reference No. KN-ECPCGC-207852-CS-INDV

 

The Governments of Antigua and Barbuda, Commonwealth of Dominica, Grenada, St. Lucia and St. Vincent and the Grenadines have received financing in the amount of US$10 million equivalent from the World Bank towards the cost of establishing a partial credit guarantee scheme, and they intend to apply part of the proceeds to payments for goods, and consulting services to be procured under this project. 

The consultant will serve as the “Senior Operating Officer (SOO)” for the ECPCGC and should possess extensive knowledge of MSME lending with some direct experience lending to Micro, small and medium-sized businesses, knowledge of the internal control processes necessary for a lending operation and the ability to design and implement risk mitigation procedures. The ideal candidate should possess an Undergraduate Degree from a reputable college or university, preferably in Business, Accounting, Banking or related field, with a minimum of 5 years’ experience in lending, inclusive of MSME lending. The initial employment period will be for two years on a contractual basis. Renewal of the contract will be subject to a performance evaluation at the end of the contractual period. The assignment is expected to begin on September 30th, 2021.  The consultant will report directly to the Chief Executive Officer of the ECPCGC.

The detailed Terms of Reference (TOR) for the assignment can be viewed by following the attached link below. 

 

https://bit.ly/3iVannm

 

The Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC) now invites eligible “Consultants” to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have:

  • An Undergraduate Degree from a reputable college or university, preferably in Business, Finance, Banking or related field; and
  • Minimum of 5 years’ experience in MSME lending. Applicants should also have:
  • The ability to design and implement risk management procedures 
  • Extensive knowledge of MSME lending with some direct experience lending to small and medium-sized businesses
  • Extensive knowledge of MSME banking operations
  • Knowledge of the internal controls necessary for a lending operation and the ability to design and implement risk management procedures
  • Experience developing and presenting information in public, including responding to questions in real-time
  • Experience lending to MSMEs located in the ECCU
  • Knowledge of marketing and communicating with the MSME sector
  • Ability to draft procedures to be used in a lending operation
  • Familiarity with the mechanics of a loan guarantee program
  • Exceptional written, oral, interpersonal, and presentation skills, and
  • Proficiency in the use of Microsoft Office suite.

The attention of interested Individual Consultants is drawn to Section III, Paragraphs 3.14, 3.16, and 3.17 of the World Bank’s Procurement Regulations for IPF Borrowers July 2016, [revised November 2017] (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest. A Consultant will be selected in accordance with the Approved Selection Method for Individual Consultants set out in the clause 7.34 of the World Bank Procurement Regulations for IPF Borrowers. 

 

Further information can be obtained at the address below during office hours 0800 to 1700 hours:

Eastern Caribbean Partial Credit Guarantee Corporation

Brid Rock, Basseterre,

St. Kitts.

Expressions of interest must be delivered in a written form by e-mail by August 11th, 2021, to [email protected]

 

For further information, please contact:

Carmen Gomez-Trigg                                                            Bernard Thomas

Chief Executive Officer                                                          Chief Financial Officer

Tel: 868-620-8144                                                                  Tel: 869-765-2385

Email: [email protected]                                          [email protected]