Power pact push - Cabinet signs off on agreement to be negotiated with JPS as new licence hangs in the balance
Updated 1 minute ago
by Edmond Campbell/Senior Staff Reporter
Power pact push - Cabinet signs off on agreement to be negotiated with JPS as new licence hangs in the balance
The Cabinet has approved a “heads of terms” agreement for a new licence that the Government is to negotiate with the Jamaica Public Service (JPS), subject to a non-disclosure agreement between the company and the administration.
A heads of terms agreement sets out the basic terms of a commercial transaction between parties.
A heads of terms agreement sets out the basic terms of a commercial transaction between parties.
