{"id":5100,"date":"2019-10-21T13:28:15","date_gmt":"2019-10-21T13:28:15","guid":{"rendered":"https:\/\/www.africa-press.com\/ghana\/?p=5100"},"modified":"2019-10-21T13:28:15","modified_gmt":"2019-10-21T13:28:15","slug":"govt-to-use-restrictive-tendering-to-select-pds-replacement","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/govt-to-use-restrictive-tendering-to-select-pds-replacement","title":{"rendered":"Gov\u2019t to use restrictive tendering to select PDS\u2019 replacement"},"content":{"rendered":"<p><strong>President Akufo-Addo<\/strong><\/p>\n<p><strong>The Akufo-Addo-administration in the Republic of Ghana has given indications that it will use a restrictive tendering process to select a replacement for the Power Distribution Services (PDS) Ghana Limited.<\/strong><\/p>\n<p>This is contained in a statement signed by the Finance Minister Ken Ofori-Atta, who also announced the government\u2019s decision to terminate the concession agreement Electricity Company of Ghana (ECG) entered into with the Power Distribution Services (PDS).<\/p>\n<p>With nearly two years for the expiration of Ghana\u2019s Millennium Company II Programme with the US, the government recommended that the Millennium Challenge Corporation (MCC)\/Millennium Development Authority (MiDA) use restricted tender process to select the new partner.<\/p>\n<p>According to the statement, the process will be done speedily without compromising the integrity of the procurement process.<\/p>\n<p>\u201cWhilst recognising the prerogative of the MCC in the determination of a particular procurement method in the selection of a PSP, in view of the limited time (approximately two years) until the expiration of the Compact II Programme, Ghana, hereby, recommends the adoption by the MCC\/MiDA of a restricted tender process to replace PDS.<\/p>\n<p>\u201cThis restricted tender process shall be undertaken timeously by fast-tracking some of the processes without compromising the integrity and transparency of the procurement processes.\u201d<\/p>\n<p>The Government of Ghana, on Friday, October 18, 2019, confirmed\u00a0story published on August 8, 2019, that the government of Ghana has terminated the concession agreement with PDS.<\/p>\n<p>The statement explained that the decision was taken at a meeting in the US on Friday, October 18, 2019, with the Secretary to President Akufo-Addo, Nana Bediatuo Asante, and officials of the Millennium Challenge Compact.<\/p>\n<p>\u201cThe current concession had to be terminated in view of the facts uncovered regarding the failure by PDS to satisfy conditions precedent under the relevant transaction documents,\u201d the statement said.<\/p>\n<p>The concession agreement was initially suspended on July 30, 2019, by the government due to what it called \u201cfundamental and material breaches\u201d.<\/p>\n<p>Details of the alleged breach revealed that PDS\u2019 guarantee was irregular and fraudulently procured.<\/p>\n<p>The government came under attack over the development but it rejected accusations that it was negligent in the exercise of its duty to thoroughly scrutinise documents presented by PDS before a final agreement was signed for its concession agreement.<\/p>\n<p>The government constituted a committee to investigate the development and ascertain its nature.<\/p>\n<p>Proceedings from the investigations led to the eventual decision announced in the latest statement.<\/p>\n<p>\u201cEvery effort would be employed to ensure a suitable replacement within the relevant timelines in order to complete the Compact,\u201d the statement said.<\/p>\n<p>The government added that it remained committed to seeing private sector participation in the country\u2019s energy sector. \u201cIndeed, the government intends to see this PSP through in a manner that respects due process and fidelity to the relevant transaction documents and underlying Compact.\u201d<\/p>\n<p>Below is the full statement\u2026click on the document to view the full statement<\/p>\n<p><a href=\"https:\/\/static.africa-press.net\/ghana\/2019\/10\/Govt-terminate-PDS-deal.pdf\">Govt-terminate-PDS-deal<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Akufo-Addo The Akufo-Addo-administration in the Republic of Ghana has given indications that it will use a restrictive tendering process to select a replacement for the Power Distribution Services (PDS) Ghana Limited. This is contained in a statement signed by the Finance Minister Ken Ofori-Atta, who also announced the government\u2019s decision to terminate the concession [&hellip;]<\/p>\n","protected":false},"author":66,"featured_media":5101,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,12],"tags":[2279,3385],"class_list":["post-5100","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-nana-akufo-add0","tag-power-distribution-services-pds-ghana-limited"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Gov\u2019t to use restrictive tendering to select PDS\u2019 replacement - Ghana<\/title>\n<meta name=\"description\" content=\"President Akufo-AddoThe Akufo-Addo-administration in the Republic of Ghana has given indications that it will use a restrictive tendering process to select a replacement for the Power Distribution Services (PDS) Ghana Limited.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/ghana\/all-news\/govt-to-use-restrictive-tendering-to-select-pds-replacement\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u2019t to use restrictive tendering to select PDS\u2019 replacement\" \/>\n<meta property=\"og:description\" content=\"President Akufo-AddoThe Akufo-Addo-administration in the Republic of Ghana has given indications that it will use a restrictive tendering process to select a replacement for the Power Distribution Services (PDS) Ghana Limited.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/ghana\/all-news\/govt-to-use-restrictive-tendering-to-select-pds-replacement\" \/>\n<meta property=\"og:site_name\" content=\"Ghana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2019-10-21T13:28:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/ghana\/2019\/10\/1.11911460-610x400.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"610\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"francis\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"francis\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/govt-to-use-restrictive-tendering-to-select-pds-replacement#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/govt-to-use-restrictive-tendering-to-select-pds-replacement\"},\"author\":{\"name\":\"francis\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/3687592f7713dc6c826cf5bbd0e55bca\"},\"headline\":\"Gov\u2019t to use restrictive tendering to select PDS\u2019 replacement\",\"datePublished\":\"2019-10-21T13:28:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/govt-to-use-restrictive-tendering-to-select-pds-replacement\"},\"wordCount\":485,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/govt-to-use-restrictive-tendering-to-select-pds-replacement#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ghana\/2019\/10\/1.11911460-610x400.jpg\",\"keywords\":[\"Nana Akufo-Add0\",\"Power Distribution Services (PDS) Ghana Limited\"],\"articleSection\":[\"all news\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/ghana\/all-news\/govt-to-use-restrictive-tendering-to-select-pds-replacement#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/govt-to-use-restrictive-tendering-to-select-pds-replacement\",\"url\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/govt-to-use-restrictive-tendering-to-select-pds-replacement\",\"name\":\"Gov\u2019t to use restrictive tendering to select PDS\u2019 replacement - 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