ERA CONSORTIUM had appealed the decision by which it was excluded from the tender procedure for the ‘Development of the Larnaca port and marina area’ on June 30.

The Tender Review Authority subsequently issued ‘Interim Measures’ which delayed the signing of the contract for the development project.

ERA CONSORTIUM lawyers advised the Tender Review Authority on August 9, that their clients wished to withdraw their appeal.

The Tender Review Authority has subsequently dismissed the appeal opening the way for the development of the Larnaca port and marina.

ERA CONSORTIUM had submitted its appeal to the Tender Review Authority after it had been informed by the Transport Ministry that its submitted expression of interest regarding the project did not meet the selection criteria and was therefore excluded from the further procedures.

Source: InCyprus