CoreTech agreement may be revised - KUAM.com-KUAM News: On Air. Online. On Demand.

CoreTech agreement may be revised

Posted: Updated:

by Michele Catahay

Guam - The Government of Guam may renegotiate the contract for the Tiyan property with CoreTech International, but governor's legal counsel Ray Haddock said terms might have to be changed. The agreement was originally a ten-year agreement, which was supposed to be terminable in five years.

It was then that the Guam Legislature decided to keep the ten-year plan because it was noted in the original request for proposal. Instead of it being terminable in five years, the agreement made the contract terminable with a 180-day termination clause after the first year.

"If the school wants to continue to utilize that facility, the 180-day termination can't be there because we don't want to disrupt the kids mid semester during their education," said Haddock.  "So we have to renegotiate the lease to move that termination provision if they want to use it for an additional year."

Haddock says given the current terms, either party can terminate it any time, given the 180-day notice. With this provision, GovGuam isn't locked into the contract.

  • NEWS HEADLINESMore>>

  • EPA says they'll publish all documents online

    EPA says they'll publish all documents online

    "We had no intention in not being transparent" - this according to Guam Environmental Protection Agency Director Walter Leon Guerrero at a GEPA meeting late today. The agency recently responded to KUAM's FOIA request for documents pertaining to copious amMore >>
    "We had no intention in not being transparent" - this according to Guam Environmental Protection Agency Director Walter Leon Guerrero at a GEPA meeting late today. The agency recently responded to KUAM's FOIA request for documents pertaining to copious amMore >>
  • Store owner helps man held at knifepoint

    Store owner helps man held at knifepoint

    It was a scary moment for a man on his way to get breakfast at a Harmon store. Court documents state the victim in this case had encountered Paul Nisarafach just moments prior on the road. The victim reported Nisarafach was driving slow, so he overtook anMore >>
    It was a scary moment for a man on his way to get breakfast at a Harmon store. Court documents state the victim in this case had encountered Paul Nisarafach just moments prior on the road. The victim reported Nisarafach was driving slow, so he overtook anMore >>
  • Public auditor candidates lay out visions

    Public auditor candidates lay out visions

    The three candidates for Public Auditor appeared at a forum hosted by the Rotary Club. Outgoing Speaker Benjamin J. Cruz, Acting Public Auditor Yuka Hechanova and Dr. Doreen Crisostomo each gave an introduction, sharing their background and credentials. TMore >>
    The three candidates for Public Auditor appeared at a forum hosted by the Rotary Club. Outgoing Speaker Benjamin J. Cruz, Acting Public Auditor Yuka Hechanova and Dr. Doreen Crisostomo each gave an introduction, sharing their background and credentials. TMore >>
Powered by Frankly