News

News

Bimini Complex Contract Signing

Bimini Complex Contract Signing

7/16/2019 11:15:24 AM


Pictured for the contract signing are: seated(L-R): Nicola Virgill-Rolle, NIB Director; Geoffrey Stuart, NIB Deputy Chairman; Troy Smith, NIB Chairman; Christopher Harris, President, Pyramid Construction Ltd. 
Standing(L-R): Javonne Chisholm, Project Quantity Surveyor; Phaedra Mackey-Knowles, NIB Deputy Director Corporate Risk, Strategy Management and Investments; Charles Farquharson, Consultant, NIB Services; Heather Maynard, NIB Legal Officer; Sonia Gill, NIB Financial Controller; Sean Farrington, Project Consultant.


The National Insurance Board is pleased to advise that the project to construct a new government office complex in Alice Town, Bimini,is being restarted with the signing of the final contract on June 11, 2019 with Pyramid Construction. Director Virgill-Rolle and her Executive team worked closely with the Board to ensure that there will be close monitoring and oversight of this project to completion.The project is expected to be completed within a six-month timeframe.Chairman Troy Smith, expressed his good pleasure in the restart of the project and looks forward to the completion of the much needed government complex in Bimini. The new complex, which will house the Island Administrator’s Office, the Post Office, the Department of Immigration, the Customs Department, Magistrates Court and the NIB Local Office,is expected to open in early 2020.

READ FULL PRESS RELEASE...Press Release - Bimini Complex Contract signing.pdf



Comments (0) Add Comment Add Comment
Name

Comment
Captcha
Enter the code from the picture
Who is Eligible? In the first phase of the National Prescription Drug Plan coverage has been extended to three specific groups. These groups include NIB pensioners, NIB invalids and children under 18 (or under 25 if in full- time education). For persons of these groups to be eligible for membership in the Plan, they should have been diagnosed with one or more of the 11 chronic diseases covered by the Plan.
Bahamas Weekly Article - Phase I of National Prescription Drug Plan
By Matt Maura Marsh Harbour, Abaco, Bahamas - The National Prescription Drug Plan will provide free medications for 11 chronic, non-communicable diseases to 35,000 Bahamians in its initial stage, Tami Francis, Drug Plan Project Manager said Tuesday.
Gregory Collie Gets NIB Directors Award
Last year, staff of the National Insurance Board (NIB) embraced the slogan “Excellent Customer Care Starts With ME!” At NIB’s 2010 Leaders Conference, held on Paradise Island in January, Director Algernon Cargill told leaders that the focus of this excellent care must not be limited to the external customer, but should be directed to the internal customers as well. To demonstrate his administration’s commitment to promoting the wellbeing of the internal customer – NIB staff – he announced a number of initiatives, including the establishment of a “Director’s Award” which would annually honor those individuals whose outstanding achievements, dedication, leadership, customer service and expertise would have made a significant impact on the organization and its mission over the previous year.
NIB STAFF BRIEFED ON NATIONAL PRESCRIPTION DRUG PLAN
Top Managers and Customer Service staff of the National Insurance Board received a detailed briefing Tuesday on the National Prescription Drug Plan (NPDP) which is expected to be launched by April 2010.
The National Insurance Board (NIB) wishes to address and correct “facts” advanced by the Nassau Institute in a letter to the Editor, published in the Nassau Guardian of Saturday, September 19, 2009, and referenced in a Tribune article on September 21, 2009. In that letter, the Nassau Institute incorrectly suggested that National Insurance is proposing an 84.1% increase in taxes
On September 2, 2009, Prime Minister the Right Honourable Hubert Ingraham, tabled in the House of Assembly the report of the 8th Actuarial Review of the National Insurance Fund, which was completed and formally presented to Government in 2008. The Report, which covers a review period from January 2002 to December 2006, gives a comprehensive assessment of the current and future finances of the National Insurance Fund, and reviews the state of the country’s primary social security system from a social standpoint, assessing the adequacy and relevance of the level of benefits now offered. The Review, like all others prior to it, makes recommendations designed to strengthen both the social and financial aspects of the Fund to ensure that National Insurance is able to meet its obligations well into the future. It takes a historical look at past trends and experiences as well as makes financial forecasts for the future. Demographic and financial projections up to 2066 have been presented.