by Krystal Paco
Guam - A procurement protest has been filed over the Guam Housing and Urban Renewal Authority's decision to award a million dollars in Low-Income Housing Tax Credits to Great Homes and Tower 70. GHURA board chair Dave Sablan says the two companies ranked the lowest but were selected because the other top three companies had site control issues.
The top-ranked offer, Medallion, however contends it met all of the necessary requirements including an executed land agreement. The company proposed to build the Talo Isla Village with 170 single-family homes.
Medallion wants GHURA to rescind its decision and begin negotiations. GHURA's legal counsel is reviewing the protest.