Despite his protestations to the contrary, it is apparent to all of us that the airport deal is a done deal.
The Finance Minister ET Bob Richards insists nothing final has been signed but when we see contracts for outsourced work made and people hired it surely means it is at the knife edge of no return.
Yet, still the taxpayer (who will be paying for this development even if it is not through direct taxes) still does not know if a $250m investment is justified.
There have been no figures released – to the best of my knowledge – that show that the number of users (and therefore revenue) justify, or can support, a $250m airport.
Could Bermuda make do with a $100m airport (the cost of renovating the old one by the way)? We just don’t know and it looks unlikely that we ever will (although why releasing financials when there is a no-tender process is thought to be a problem is beyond me).
All buildings have a lifespan and I’m sure the current airport needs to be retired but the lack of some vital information is disconcerting.
Never mind the lack of tendering, are we going to be left with something on a scale that we don’t really need and will be paying for for 30 years?