FSMIS (February 7, 2014): The Federated States of Micronesia Financial Management Act requires that construction projects exceeding $20,000 be open for competitive bidding.
FSM President Manny Mori waived this requirement on February 5 to allow for the Pohnpei Transportation Authority to undertake the $33,000 Kahmar Road construction project in Nett, Pohnpei without any competitive bidding.
The Kahmar road "poses road hazards to both motorists and pedestrians", according to the waiver document, requiring urgent repair work.
The road has been assessed and is ready for construction.
The appropriated funds have also been allotted to allow for the procurement of materials.
The Pohnpei Transportation Authority has the necessary road construction materials and equipments for road paving to be able to mobilize the project right away.