BERMUDA
PUBLIC ACCESS TO INFORMATION (CONTRACTS VALUED $50,000 OR MORE) BERMUDA ECONOMIC DEVELOPMENT CORPORATION NOTICE 2024
GN / 2026
The Chairman of the Board of Directors who has supervision of Bermuda Economic Development Corporation, in exercise of the power conferred by section 6 (6) of the Public Access to Information Act 2010, gives the following Notice:
Citation
1. This Notice may be cited as the Public Access to Information (Contracts Valued $50,000 or More) Bermuda Economic Development Corporation Notice 2024.
Contracts to which this Notice applies
2. This Notice applies to the contracts contained in the following Table:
|
Name of Contractor/ Contracting Parties |
Description of Goods/ Services Provided |
Contract Start Date |
Contract End Date | Spend in 2024 |
Total Cumulative Spend to December 31, 2024/ Total Contract Value |
| Cizmic Inc, Florida, USA | Firm contracted to develop BEDC’s 5-year strategic plan. | May 17, 2024 | December 16, 2024 | $63,943,38 | 15-week contract - $66,000.00 total. |
| Sofia Limited | Rent and maintenance lease of HQ Office Space for the Corporation located at Sofia House, #48 Church Street, Hamilton. |
February 1, 2024
|
January 31, 2025
|
$173,999.19
|
1-year renewed lease - $174,352.50 total.
$1,585,262.13 cumulative since April 1, 2015. |
| Forth House | Rent and maintenance lease of Office Space for the Somerset EEZ Office/Incubator Hub located at Forth House, #68 Somerset Road, Sandys. | December 1, 2023 | November 30, 2025 | $26,655.50 |
2-year renewed lease - $46,800.00 total.
$82,131.36 cumulative since initial lease of December 1, 2020. |
| Media House Limited | Rent and maintenance lease of Office Space for the NE Hamilton EEZ Office/Incubator Hub located at Donald French Building, #18 Elliot Street, Hamilton. | September 15, 2023 | September 30, 2025 | $43,237.94 |
2-year renewed lease - $97,200.00 total.
$104,236.44 cumulative since initial lease of September 15, 2021. |
| Pathways Bermuda | Renovations, rent, and maintenance lease of commercial kitchen spaces |
(1) April 15, 2023 and (2) March 15, 2024 |
March 14, 2024
December 31, 2024 |
$23,250.00 |
(1) 12-month lease and (2) 9.5-month lease - renewed leases - $32,250 total.
$57,750.00 cumulative since initial lease of April 15, 2022. |
|
Interise, Inc. Boston, USA |
IP License Agreement of the international Streetwise MBA entrepreneurship programme, training, and development to deliver the Enterprise Bermuda Accelerator programme. | August 1, 2022 | August 1, 2024 |
$9,278.12
|
2-year renewed IP license - $36,000 total.
$111,063.36 cumulative since initial 2-year license of January 31, 2018 |
| Waterloo Accelerator Program Inc. Waterloo, Canada | IP agreement for the international accelerator’s programme, curriculum, training, development, software app, mentors, and staff, to deliver the Enterprise Bermuda Incubator programme. | October 19, 2023 | December 16, 2024 | $38,212.02 |
1-year renewed IP agreement - $37,500 total.
$67,247.03 cumulative since initial 1-year agreement on January 24, 2022. |
| Oxygen Ltd | IT support services, telephony services, IT related projects outside of the service agreement including sourcing IT hardware and infrastructure. |
February 1, 2024
|
January 31, 2025 | $131,128.11 |
Annual 1-year automatic rollover service contracts until terminated.
$320,649.41 cumulative since initial telephony contract on February 15, 2019. |
| Architectural and Planning Consultant | Consultancy and advisory services for the Uptown Development Authority and Approved Residential Schemes. |
(1) December 2, 2023 and (2) March 4, 2024 |
March 1, 2024
May 31, 2024
|
$20,720.00 |
Renewable 3-month consultancy contracts.
$123,620.00 cumulative since initial 3-month contract on May 5, 2022. |
|
Atlantic Real Estate Advisory Services
|
Consultancy and advisory services for the Uptown Development Authority on Approved Residential Schemes. |
(1) December 2, 2023 and (2) March 4, 2024 and (3) September 2, 2024 and (4) December 2, 2024 |
March 1, 2024
August 30, 2024
November 29, 2024
February 28, 2025 |
$18,025.00 |
Renewable 3-month consultancy contracts.
$76,390.00 cumulative since initial 3-month contract on July 11, 2022. |
| Marquedelle Rodriguez | 36-week consultancy contract for Photography and Videography services for BEDC and GEW events from July 2023 to March 2029. Additionally, ad hoc one-off events before and after. | July 21, 2023 | March 29, 2024 | $44,101.00 |
36-week contract - $25,000 total.
$79,851.00 cumulative since initial service on July 14, 2022. |
| Narrative Research Bermuda |
Annual subscription for quarterly Omnibus Surveys
BEDC Public Perception Survey & UDA SEEZ & SGEEZ Housing Survey
Additional ad hoc data research and surveys through the omnibus (commissioned questions beyond subscription). |
(1) August 9, 2023 and (2) August 9, 2024 and (3) May 16, 2024
|
August 8, 2024
August 8, 2025
July 2, 2024 |
$49,280.83 |
Annual automatic renewable 1-year omnibus subscription of $10,000.00 per year - $20,000.00 total.
$18,700 for BEDC Public Perception Survey and UDA Housing Survey.
$95,180.83 cumulative since initial contract on February 9 2022. |
| Lead X Design | Provision of second website design and upgrades, hosting, and annual maintenance services (after first one in 2018). Automatic annual/monthly hosting and maintenance for as long as we have website. |
February 1, 2024
|
February 1, 2025
. |
$21,576.00 |
Annual yearly/monthly automatic renewable website hosting and maintenance of $21,576.00 total.
$151,182.25 cumulative since initial contract of first website on March 1, 2018 |
| Fort Knox Ltd. | Design development, upgrades, monthly hosting fees, annual maintenance, and support fees of BEDC Business Register. Automatic annual/monthly hosting and maintenance for as long as we have the business register plus per diem rate for any changes/upgrades. |
(1) October 1, 2023 and (2) October 1 2024 |
October 1, 2024
October 1 2025 |
$16,528.00
|
Annual yearly/monthly automatic renewable website hosting and maintenance of $12,770.00 per year - $25,540.00 total.
$166,620.23 cumulative since initial contract on July 4, 2018. |
Made this 27th day of March 2026
Mr. Jache Adams, JP, MP
Chairman of the Board of Directors who had supervision of the Bermuda Economic Development Corporation in 2024