Failure to reach mutually acceptable terms nixed deal with top bidder for new Demerara bridge – gov’t maintains

While seeking to dispel suspicions raised by the opposition Alliance For Change (AFC) over the decision to terminate negotiations with the China State Construction Engineering Corporation (CSCEC) for the construction of the new Demerara River bridge, the government on Saturday disclosed that the talks lasted almost a month but no agreement could be reached.

It also maintained that while the firm was the “most responsive” bidder for the project, its engagement was always subject to reaching a mutually acceptable agreement on terms.