In keeping with Guyana’s strict Local Content regulations, the Guyana Shore Base (GYSBI) is on the hunt for local vendors that fit the 40 sectors outlined in Schedule 1 of the Local Content Act.
“GYSBI has committed to this undertaking to ensure we are in compliance with the Local Content provisions. This process has been put into place to essentially prequalify Guyanese companies as vendors since we plan to give first preference to local companies to participate in procurement opportunities that are available at GYSBI,” the company said.
The pre-qualified vendors should be able to supply goods and services offered by GYSBI to Guyana’s oil and gas sector; these include waste management services, vessel management services, logistics and personnel services, warehousing, customisable warehousing, and storage solutions among others.
Any local vendor that falls within the outlined categories can apply; they would need to present a Certificate of Incorporation and compliance documents from the Guyana Revenue Authority (GRA) and National Insurance Scheme (NIS).
GYSBI said the initiative solely benefits local companies – contributing to capacity building and helping to promote competitiveness.
“We want to see value generated from Guyana’s offshore resources remaining in the domestic economy and being used to develop linkages between the industry and the rest of the country. In doing our part, we are committed to identifying, promoting, and maximising the capacity of Guyanese nationals and companies throughout all facets of our operations,” GYSBI highlighted.
Interested vendors can visit the GYSBI procurement site – www.gysbi.gy/procurement to register by July 4.
GYSBI has been ramping up operations to keep up with Guyana’s expanding oil and gas sector. In April, the company copped its ISO 9001 certification, demonstrating the delivery of high-quality services.
It supports a range of clients across its 140-acre development, with highly trained staff, and services compliant with international standards and best practices. It has also been dedicated to the recruitment, development, and retention of Guyanese talent.