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UWI Five Islands campus responds to Daily Observer article

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The following statement is in response to a headline and article published in the Daily Observer newspaper on Tuesday, December 8, 2020 entitled, “University Payments Delayed for Third Month.”

The University of the West Indies Five Islands Campus seeks the opportunity to clarify the report—which lacks some context.

The UWI Five Islands Campus, Antigua and Barbuda. Tuesday, December 8, 2020. — The UWI Five Islands Campus started operations in September 2019 and since then, we have been building out our administrative and operational structures to ensure that we serve the people of Antigua and Barbuda and the wider OECS region, with distinction. The Government of Antigua and Barbuda has committed to financing the bulk of the operational costs for the campus in its developmental years.

This commitment has been met fully, despite the very tight fiscal situation that now faces the country. We are eternally grateful to the Government and the people of Antigua and Barbuda for their financial support and can report that all operational costs for the campus have been met to date, and that we have sufficient cash to meet our obligations going into 2021.

As it relates to the issue of “delayed” payments to adjunct faculty as reported in the Daily Observer, the Campus would like to note the following:

  • Our adjunct staff are normally paid after they submit their time sheets, which are verified by their Head of School and approved by the Director of Administration, who then forwards the approved sheets to the Finance office for processing and distribution of payments.
  • Since January 2020, all submissions received from adjunct faculty for payments have been settled, except where there are discrepancies with bank account information.
  • The only outstanding obligations are those that were submitted in November 2020. The November submissions were received by the Finance Department on November 17, 2020. Our payroll was run on November 25, 2020. So, practically, it would have been impossible to meet the November 2020 payroll for those submissions approved on November 17, 2020.
  • The November submissions will be processed and payments made for the December payroll, which should be run by December 21, 2020.
  • As a team, we do recognize that there are some delays with our adjunct faculty submitting their invoices for payment each month. Under the existing arrangements, the Campus cannot make payments to adjunct faculty unless a time sheet is submitted.
  • In light of these new developments, the Campus has approved a new strategy to come into effect in January 2021.
  • Come January, the Campus will abandon the process of adjunct faculty submitting time sheets before payments can be made. Instead, the adjunct faculty will be paid based on their contractual obligations to the institution without the need for monthly submission of invoices.
  • The verification of their teaching load, along with all other payment commitments, will be agreed at the beginning of each semester and signed off.
  • Payments will then be made monthly to their bank accounts.
  • The Five Islands Campus thanks all for their interest in the operations of our campus and look forward to serving our stakeholders in the most efficient and effective manner as we build a world class campus.

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One response to “UWI Five Islands campus responds to Daily Observer article”

  1. I know Observer loves scandal but as a responsible media house, please try to get both sides of the story before running with it

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]