Business

PFA Approves $250,000 Agreement With 2005 Revitalization Project Contractor

The Virgin Islands Public Finance Authority (PFA), at a board meeting held Monday on St. Thomas, approved a contract not to exceed $250,000 with Coastal Systems International, Inc., to provide "architectural, engineering, design and construction management services for the design, planning and construction of the Paul E. Joseph Stadium and surroundings in Frederiksted, St. Croix." The company was originally contracted in 2005 to renovate the stadium as part of the Frederiksted Revitalization Project. However, the contract was canceled under the de Jongh administration and awarded to General Engineering Corporation (GEC) -- which recently had its own contract suspended by Gov. Kenneth Mapp. The new agreement falls in line with recent comments made by Gov. Mapp, who is also the PFA board chairman, about his intentions to breathe new life into the revitalization project on St. Croix's entire west end, as compared to the contract previously approved by former Gov. de Jongh that entail...