By Aaron Humes: Brads Gaming Group Limited (formerly Brads Gaming Company) will continue to administer the national lottery for the rest of the 2020 decade, up to March 31, 2030.
Open tender for a license to administer the lottery began in September 2019 and a tender panel with representatives from the Ministry of Finance, the Lotteries Committee, and the Gaming Control Board to assess proposals for the administration of the Government Lotteries. The evaluation was conducted in accordance with procurement policies as advised by the Ministry of Finance using a quality and cost-based approach.
Three bids were submitted and after evaluation, the panel recommended the license be awarded to the highest-scoring proposal, which was Brads.
The Government agreed and the negotiated license and contract, tender report, and other documents were submitted to the Office of the Contractor General for review and non-objection. This was granted and the contract was signed on June 26.
The executed license and contract will be laid before the House of Representatives at its next sitting as required by the Finance and Audit (Reform) Act.
Boledo and lottery were first privatized a decade ago and has netted Government a modest sum for administration. The draws are held nightly in the case of boledo except on weekends and the lottery draw on Sunday mornings.