Companies Ask for More Time for Ferry Submissions
Interested companies are asking for more time to prepare business plans for a new ferry service in Yarmouth, so the province is providing two more weeks to make sure they have the time they need.
"We're working hard to find a company with a sound business plan for a sustainable ferry service in Yarmouth," said Graham Steele, Minister of Economic and Rural Development and Tourism. "We made this recruitment process more flexible and less formal than a request for proposals to ensure something like a firm deadline doesn't get in the way of a qualified operator submitting a plan."
Companies will have until July 4, extended from June 20.
The province and the Nova Scotia International Ferry Partnership are working together to find a qualified company to run a ferry service to the United States. The Yarmouth-based partnership is helping promote the opportunity and assess if companies qualify, and acting as a local contact.
Business plans will be evaluated on criteria similar to the request for proposals. For more information, visit http://novascotia.ca/econ/docs/40580_CANUSAFerryOpp_3.pdf .
A team of representatives of government departments and the Nova Scotia International Ferry Partnership will evaluate the plans.
The process is targeting a 2014 start date for the service, as recommended by the expert panel.
The province is offering a financial package of up to $21 million over seven years for a qualified company with a sound business plan.
FOR BROADCAST USE:
The province is giving companies interested in the running a ferry service in Yarmouth two more weeks to prepare business plans.
The deadline is now July 4th.
Economic and Rural Development and Tourism Minister Graham Steele says the province's new approach is flexible and less formal than a request for proposals so things like a firm deadline do not get in the way of a qualified operator submitting a business plan.
The province is working closely with the Yarmouth-based Nova Scotia International Ferry Partnership to find a qualified company with a sound plan. -30–