London Daily

Focus on the big picture.
Saturday, Mar 28, 2026

Local entities bid to supply aviation fuel to commercial airlines

Local entities bid to supply aviation fuel to commercial airlines

The BVI Airports Authority (BVIAA), has announced the receipt of proposals resulting from its recent tender process for a provider of aviation fuel to commercial airlines at the Terrance B. Lettsome International Airport (TBLIA) on Beef Island.

Local entities Platinum BVI and The Boys Service Station have collaborated to submit a proposal.

The Tender, according to a press release from BVIAA, was a result of a need to relocate the existing fuel farm in order to facilitate the development of new airport facilities under the airport’s master plan, and in doing so, promotes a competitive process to maximise revenues and the financial viability of Terrance B. Lettsome International Airport and the VI Airport system.

BVIAA said Proposals were received from three (3) Tenderers as follows:- (i) SOL St Lucia Ltd - $0.20 per gallon (ii) Platinum BVI/The Boys Service Station -$0.23 per gallon (iii) West Indies Oil Company - $0.30 per gallon.

In addition to the quality of the proposals, BVIAA said it will also take into consideration, the price offered by each Tenderer, expressed as an amount that each company will pay to the Authority for each gallon of fuel sold. Under the existing contract, the amount paid is $0.20 per gallon.

The three (3) proposals were opened in a public meeting where all Tenderers were invited to participate.

The evaluation process is expected to conclude within 2 – 4 weeks.


Mr Bevis A. Sylvester, Chairman of the British Virgin Islands Airports Authority (BVIAA), said the Authority is working aggressively towards the realisation of a Capital Improvement Programme at the Terrance B. Lettsome International Airport.


Tender for new terminal & hanger


The Authority said it is also currently evaluating a tender process for the development of a World Class Fixed Based Operator (FBO) to handle the operations of general aviation at Terrance B. Lettsome International Airport, including private jets.

This facility, it said, will include both a new small terminal and an aircraft storage hanger for this elite clientele. Three (3) proposals also resulted from that process.

The Authority disclosed that it currently only receives $0.20 per gallon from fuel sales to this class of airport operations.

The proposals for this tender were opened on July 21, 2020, with tendered prices as follows:- (i) Platinum BVI and $0.22 per gallon (ii) IAM Jet Center $0.25 per gallon (iii) BANG Aviation -$0.35 per gallon.


In addition to the quality of the proposals, BVIAA said it will also take into consideration, the price offered by each Tenderer, expressed as an amount that each company will pay to the Authority for each gallon of fuel sold. Under the existing contract, the amount paid is $0.20 per gallon.


BVIAA committed to the goal- Bevis A. Sylvester


Mr Bevis A. Sylvester, Chairman of BVIAA, advised that “the Authority is committed to the goal of the Premier and Minister of Finance, Hon Andrew A. Fahie (R1) and his Government, to build resiliency in the economy and the environment of the VI.

“Towards that objective, we are working aggressively towards the realisation of a Capital Improvement Programme at the Terrance B. Lettsome International Airport, for the capability of nonstop jet service to anywhere in North America and Europe; a goal made even more urgent by the uncertainty of future inter-Caribbean connectivity.

“We are pleased with, and welcome these offers by tenderers to invest in our future, and provide this well needed capital to fund our future resiliency,” Mr Sylvester said.

For more information, contact can be made with Acting Managing Director, Mr Clive Smith at csmith@bviaa.com.

Newsletter

Related Articles

0:00
0:00
Close
Thousands Rally in London to Oppose Rise of Far-Right Movements
Hong Kong Official Rejects Allegations of Surveillance Orders Targeting UK-Based Dissidents
PayPal Expands Cryptocurrency Services to Allow UK Users to Buy and Sell Bitcoin
UK Minister Challenges Reform Party’s ‘Pro-Family’ Agenda as Debate Intensifies
Concerns Grow Over Meningitis Risk Among UK Students Amid Warning Signs of New Outbreaks
Japanese Grand Prix 2026: Schedule, UK Start Times and Full Broadcast Details
Electric Vehicles Seen as Strategic Solution to UK Fuel Reserve Concerns
Rise of Lone-Actor Threats and Online Radicalisation Drives New Wave of Antisemitic Attacks in the UK
Canada Advances Plan to Ban Cryptocurrency Donations in Election Campaigns
UK Faces Looming Medicine Shortages as Iran Conflict Threatens Supply Chains
Deadly Meningitis Outbreak in the U.K. Highlights Urgent Need for Vaccination
Fresh Claims Emerge Over Harry and Meghan’s Australia Visit as Insider Speaks Out
NATO Assessment Indicates UK Defence Spending Has Fallen Below Alliance Average
FTSE 100 Slips as Middle East Tensions Weigh on Investor Sentiment
UK Economy Begins to Feel Early Impact of Iran Conflict as Policy Challenges Intensify
Russian National Jailed in UK After Assault Case Linked to Barron Trump’s Alert
Energy Price Surge Accelerates Shift Away from Fossil Fuels in UK Homes
UK Museums House More Than 260,000 Human Remains, New Report Reveals
Surging UK Gilt Yields Reflect Inflation Pressures and Fiscal Uncertainty
UK Issues Updated Guidance on Children’s Screen Time with Focus on Balance and Wellbeing
UK Migration Figures Show Shifting Trends Across Asylum, Visas and Channel Crossings
UK Watchdog Launches Probe into Five Firms Over Alleged Fake Reviews and Ratings
Jaguar Land Rover Halts Production at UK Plant Amid Supplier Disruption
UK Police Reverse Position, Confirm Arrests Will Resume for Palestine Action Protests
UK Small Businesses Face Europe’s Steepest Cost Pressures, New Survey Reveals
US Envoy Urges UK to Proceed with King’s Visit Amid Diplomatic Sensitivities
FTSE 100 Drops Over One Percent as Middle East Tensions Weigh on Markets
UK CO2 Plant Set to Reopen as Authorities Move to Safeguard Supplies Amid Middle East Tensions
Trump Urges Stronger Defence Investment as He Questions Allied Naval Capabilities
New COVID Variant Detected in UK Raises Concerns Over Vaccine Effectiveness
FTSE Russell Moves to Standardise Free-Float Rules for UK and International Listings
HBO Max Launches in UK and Ireland, Marking Major Step in Global Streaming Expansion
UK Signals Readiness to Seize Russian ‘Shadow Fleet’ Vessels in Escalation of Sanctions Enforcement
Escalating Middle East Conflict Seen as Major Threat to UK Economic Stability
Early Challenges Mark Prince Harry and Meghan’s Australia Visit
UK Government Rejects Cover-Up Claims After Theft of Former PM Aide’s Phone
Cyprus Opens Strategic Talks with UK Over Sovereign Base Areas
UK Faces Risk of Sharp Inflation Surge Despite Stable Pre-Crisis Figures
UK Police Arrest Two Over Suspected Antisemitic Arson as Iran Link Investigated
UK Inflation Holds at Three Percent Ahead of Oil Price Shock from Iran Conflict
UK Fuel Prices Face Upward Pressure as Global Oil Trends Raise Cost Outlook
Girlguiding UK Sets September Deadline for Membership Policy Change Affecting Trans Participants
Germany and UK Accelerate Wind Power Expansion to Strengthen Energy Security
UK Moves to Ban Cryptocurrency Donations to Political Parties Over Foreign Influence Concerns
UK and Turkey Finalise Major Air Defence Agreement Worth Billions
Apple Introduces Mandatory Age Verification for iPhone Users in the UK
Diverging Views Emerge Over Meghan Markle’s Planned Australia Appearance
Trump Signals Frustration with UK Leadership Amid Diverging Approaches to Iran Conflict
UK Government Takes Control of Hunterston B as Landmark Nuclear Decommissioning Begins
UK Public Inflation Expectations Jump Sharply in March, Raising Pressure on Bank of England
×