BUCHANAN, April, 12 (LINA) - A Liberian-owned company, Ketuma Resources Inc., has won the bid to purchase the cut and uncut scraps stockpiled in the ArcelorMittal compound in Buchanan and the Port of Buchanan.

Ketuma Resource Inc. is one of four scrap dealers that contested for the scraps in March, 2014.

Grand Bassa County Information Officer Eddie Williams told the Liberia News Agency that Ketuma won the bid following scrutiny by a technical committee set up by the county administration.

He said the process was characterized by “fair play and was in the best interest of the people of Grand Bassa County.”

Speaking during the signing ceremony of the contract between the county administration and Ketuma Resources at the administration building in Buchanan on Thursday, Grand Bassa County Superintendent Etweda Cooper thanked members of the bidding committee for “a job well done.”

Madam Cooper said proceeds from the sale of the scraps will be used for the good of Grand Bassa County.

She explained that a huge chunk of the money will be directed to the education of the youth, as emphasized by President Ellen Johnson Sirleaf.

Cooper said the bidding process was characterized by due process, where the bidding committee publicized the bid in newspapers and by announcements on community radio stations.

In remarks at the ceremony, Ketuma Resources Inc. CEO Clara L. McIntosh thanked the county administration, bidding committee and the people of Grand Bassa for her company’s preferment.

She said her company won the bid because her offer of US$125 per ton for uncut scraps and US$200 per ton for cut scraps was the best.

Other scrap companies that participated in the bidding process were North Star Industries, African Business Import and Export Limited and Western Steel and Forgen.
LINA JBL/TSS/PTK