The term of the contract is three years. It has a value of approximately $54 million, depending on the volume of fuel that is required to resupply the communities by barge. It should be noted that either party can terminate the contract with proper notice, and the GNWT has saved approximately $600,000 per year with this contract.
Wally Schumann on Question 494-18(3): Sole-Source Contracting for Fuel Resupply
In the Legislative Assembly on November 1st, 2018. See this statement in context.
Question 494-18(3): Sole-Source Contracting for Fuel Resupply
Oral Questions
November 1st, 2018
Page 4693
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