Senior Reporter
rhondor.dowlat@guardian.co.tt
The contractor of the new Ministry of Health building on Queen’s Park East, Port-of-Spain, will cover all the direct costs associated with Tuesday’s plumbing leak, says Emile Elias, the executive chairman of construction company and developer NH.
Elias explained that in accordance with the Build-Own-Lease-Transfer (BOLT) contract, through which the Ministry of Health building was constructed, outfitted and financed, Asclepius Holdings Ltd is responsible for the maintenance of the building for the 15 years of the lease arrangement. Asclepius is owned by NH. Republic Bank Ltd is financing the MoH project.
Elias, who had just returned from abroad yesterday, was given the details of incident.
In an interview with Guardian Media, Elias said, “There was a little leak. The plumber went to fix it. It wasn’t properly done and when they came and turned on the pressure floor by floor, it ruptured because the repair work wasn’t properly done. Anyway, it is now fixed and everything is back to normal and obviously, the internal investigation and otherwise are going on.”
Elias added that the repair and clean-up operations were handled at no cost to the ministry or the government.
“It’s free. It is a minor leak in a ladies’ toilet so in a normal course of business, the contractor has to fix that. That didn’t cost the Government anything. Also, the clean-up would not cost the ministry or Government anything,” Elias said.
Despite the repairs, the Ministry of Health Administrative Building remained closed yesterday. It is now scheduled to reopen for business today.
The leak of a two-inch pipe caused flooding across several floors, leading to a cessation of operations at the building and its evacuation on Tuesday morning.
The Urban Development Corporation of Trinidad and Tobago (UDeCOTT) confirmed on Tuesday evening that the leak had been repaired and clean-up efforts were completed.
The building, which was officially opened on August 7, 2023, by Prime Minister Dr Keith Rowley, is equipped with office space for more than 800 employees, 32 conference and meeting rooms, a digital library, a daycare and breastfeeding room and two fully equipped gyms.
In an interview with Guardian Media last August, Elias said the cost of the design, construction and complete outfitting of the building was $250 million. The transaction costs and bridging interest took the cost of the building and the associated car park up to $280 million.
He said in the competitive tender process for the building, NH quoted a lease rental cost of $7.83 million a quarter or $31.32 million a year, based on the all-in cost of the building of $280 million. Over the 15-year life of the BOLT deal, that works out to about $470 million, which is the amount Government, through UDeCOTT, will pay over the term of the lease.
Editor's Note: In an earlier version of this story we incorrectly stated that Asclepius Holdings Ltd is jointly owned by NH and Republic Bank Ltd. Republic Bank is not an owner of Asclepius Holdings Ltd, but is financing the MoH project. We apologise for the error.