May 05, 2011

The opening of the financial proposals for the first part of the “Telecommunications Regulatory Capacity Building” project funded by a grant from the World Bank and titled “Streamlining Internal Processes and Strengthening Transparency of the TRA” project took place at the TRA premises on March 28th, 2011 at 3:00pm.

Besides the TRA, the meeting was attended by representatives from the 2 firms that have passed the TRA’s technical evaluation: Joint venture of Intercai Mondiale Limited WLL and Trinity Horne and Team International. After combining the technical and financial scores, the TRA selected Intercai Mondiale Limited WLL as the winning bidder with the highest score.

Following further negotiations, the TRA represented by its Acting Chairman and CEO Dr. Imad Y. Hoballah and Intercai Mondiale Limited WLL, represented by Mr. Keith Gilbert, entered into a contract valued at $247,677 on April 28, 2011 and for an implementation period of 1 year. Contracts for other parts of the above mentioned project will be announced in due time.