by Mindy Aguon
Guam - Negotiations between the U.S. Navy and the Guam Shipyard will begin for the long-term lease of the former Ship Repair Facility. Congresswoman Madeleine Bordallo made the announcement today as the Guam Shipyard was the lone bidder to respond to the Navy's request for interested companies to lease the facility for performing ship repair, overhaul and maintenance of vessels on Guam.
"I am extremely encouraged that the Navy will enter into exclusive negotiations with the Guam Shipyard on a long-term lease for the former Ship Repair Facility, Guam," said Congresswoman Bordallo. "The announcement demonstrates the Navy‘s commitment to maintaining this critical ship repair capability and local workforce on Guam. I appreciate the efforts of Under Secretary [Robert] Work and Assistant Secretary [Jackalyne] Pfannenstiel in working to ensure that the Navy's recent Request for Proposal for the lease and maintenance of the ship repair facility at the Naval Base took into consideration our community's concerns. This long-term lease will enable Guam Shipyard to make necessary investments in its facilities, thereby ensuring it can meet the growing requirements of the Navy, MSC, Coast Guard and other customers in the Western Pacific. I will continue to work with the Navy and the Guam Shipyard to ensure negotiations are fruitful."
The Guam Shipyard is currently subleasing the facility from the Guam Economic Development Authority. The lease is set to expire on September 30.