DFS: Lotte "impermissibly" modified proposal bid - KUAM.com-KUAM News: On Air. Online. On Demand.

DFS: Lotte "impermissibly" modified proposal bid

 

GUAM - DFS Guam is adamant that Lotte Duty Free Guam modified its proposal for the airport retail concession after the proposal deadline.

In a press release issued today, DFS legal counsel Maurice Suh said they have evidence that Lotte altered its proposal highlights more than a month after the final deadline for submissions after the airport had seen all of the competing bids. DFS contends Lotte's original minimum annual rent guarantee went from 13 million to 15.4 million - enough to top DFS' proposal by one percent. Lotte has denied the assertions saying the company did not change its rent proposal post bid. Attorney William Blair says DFS is in possession of a growing body of evidence that they contend explains why Lotte was given special treatment.

Suh says DFS does not believe the contract between the airport and Lotte is legally valid. DFS currently has a lawsuit pending in the Superior Court as they are asking the court to halt the concessionaire contract and order a new request for proposal as well as prohibit Lotte from applying. Lotte has filed a motion to dismiss the lawsuit.
 

 

 

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