London Daily

Focus on the big picture.
Thursday, Sep 11, 2025

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
The British legal mafia hit back: Banksy mural of judge beating protester is scrubbed from London court
Surpassing Musk: Larry Ellison becomes the richest man in the world
Embarrassment for Starmer: He fired the ambassador photographed on Epstein’s 'pedophile island'
Manhunt after 'skilled sniper' shot Charlie Kirk. Footage: Suspect running on rooftop during panic
Effective Protest Results: Nepal’s Prime Minister Resigns as Youth-Led Unrest Shakes the Nation
Qatari prime minister says Netanyahu ‘killed any hope’ for Israeli hostages
King Charles and Prince Harry Share First In-Person Moment in 19 Months
Starmer Establishes Economic ‘Budget Board’ to Centralise Policy and Rebuild Business Trust
France Erupts in Mass ‘Block Everything’ Protests on New PM’s First Day
Poland Shoots Down Russian Drones in Airspace Violation During Ukraine Attack
Brazilian police say ex-President Bolsonaro had planned to flee to Argentina seeking asylum
Trinidad Leader Applauds U.S. Naval Strike and Advocates Forceful Action Against Traffickers
Kim Jong Un Oversees Final Test of New High-Thrust Solid-Fuel Rocket Engine
Apple Introduces Ultra-Thin iPhone Air, Enhanced 17 Series and New Health-Focused Wearables
Macron Appoints Sébastien Lecornu as Prime Minister Amid Budget Crisis and Political Turmoil
Supreme Court temporarily allows Trump to pause billions in foreign aid
Charlie Sheen says his father, Martin Sheen, turned him in to the police: 'The greatest betrayal possible'
Vatican hosts first Catholic LGBTQ pilgrimage
Apple Unveils iPhone 17 Series, iPhone Air, Apple Watch 11 and More at 'Awe Dropping' Event
Pig Heads Left Outside Multiple Paris Mosques in Outrage-Inducing Acts
Nvidia’s ‘Wow’ Factor Is Fading. The AI chip giant used to beat Wall Street expectations for earnings by a substantial margin. That trajectory is coming down to earth.
France joins Eurozone’s ‘periphery’ as turmoil deepens, say investors
On the Anniversary of Queen Elizabeth’s Death: Prince Harry Returns to Britain
France Faces New Political Crisis, again, as Prime Minister Bayrou Pushed Out
Murdoch Family Finalises $3.3 Billion Succession Pact, Ensuring Eldest Son’s Leadership
Big Oil Slashes Jobs and Investments Amid Prolonged Low Crude Prices
Court Staff Cover Up Banksy Image of Judge Beating a Protester
Social Media Access Curtailed in Turkey After CHP Calls for Rallies Following Police Blockade of Istanbul Headquarters
Nayib Bukele Points Out Belgian Hypocrisy as Brussels Considers Sending Army into the Streets
Elon Musk Poised to Become First Trillionaire Under Ambitious Tesla Pay Plan
France, at an Impasse, Heads Toward Another Government Collapse
Burning the Minister’s House Helped Protesters to Win Justice: Prabowo Fires Finance Minister in Wake of Indonesia Protests
Brazil Braces for Fallout from Bolsonaro Trial by corrupted judge
The Country That Got Too Rich? Public Spending Dominates Norway Election
Nearly 40 Years Later: Nike Changes the Legendary Slogan Just Do It
Generations Born After 1939 Unlikely to Reach Age One Hundred, New Study Finds
End to a four-year manhunt in New Zealand: the father who abducted his children to the forests was killed, the three siblings were found
Germany Suspends Debt Rules, Funnels €500 Billion Toward Military and Proxy War Strategy
EU Prepares for War
BMW Eyes Growth in China with New All‑Electric Neue Klasse Lineup
Trump Threatens Retaliatory Tariffs After EU Imposes €2.95 Billion Fine on Google
Tesla Board Proposes Unprecedented One-Trillion-Dollar Performance Package for Elon Musk
US Justice Department Launches Criminal Mortgage-Fraud Probe into Federal Reserve Governor Lisa Cook
Escalating Drug Trafficking and Violence in Latin America: A Growing Crisis
US and Taiwanese Defence Officials Held Secret Talks in Alaska
Report: Secret SEAL Team 6 Mission in North Korea Ordered by Trump in 2019 Ended in Failure
Gold Could Reach Nearly $5,000 if Fed Independence Is Undermined, Goldman Sachs Warns
Uruguay, Colombia and Paraguay Secure Places at 2026 World Cup
Florida Murder Case: The Adelson Family, the Killing of Dan Markel, and the Trial of Donna Adelson
Trump Administration Advances Plans to Rebrand Pentagon as Department of War Instead of the Fake Term Department of Defense
×