The government is seeking to privatize Nassau Flight Services (NFS), a press release from the Ministry of Tourism and Aviation revealed yesterday, which said the request for proposals (RFP) to officially request bids from qualified Bahamian firms for the purchase or franchise agreement for the entity will be released today.
The government said it hopes to allay any fears from current NFS employees by ensuring them that should privatization occur, there will be compensation based on the rules stated in the existing industrial agreements, the Employment Act or there will be “re-engagement where possible through careful and deliberate negotiation with the successful proposer”.
According to the release, the government hopes the move will generate entrepreneurship, especially as it contends the size of the operation is within the range of a medium-sized business.
“The exploration of the sale of Nassau Flight Services will include a review of the offers received to determine if a recommendation will be made to the Cabinet for the sale or franchise agreement of the business,” the release states. “The privatization by direct sale or franchise arrangement is an integral part of the wealth creation and distribution of state-owned assets to qualified Bahamian companies, while also delivering better value for money for all stakeholders.
“NFS operates at the Lynden Pindling International Airport (LPIA) international pre-clearance and international terminals, San Salvador Airport and Exuma International Airport and provides airport ground handling, passenger operations and ancillary services.
“The company was originally acquired by Aircraft Services International, an American ground handling company in the 1970s. The government of The Bahamas acquired the operations in October 1979.”
The official RFP, released today, can be found at Bahamas.gov.bs/ under government tenders, or through the email provided in the RFP notice in this paper.
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