Other News

Request for Proposals (RFP) External Audit Services

The Utilities Regulation and Competition Authority (URCA) invites submissions from suitably qualified firms to conduct the annual audit of the financial statements of URCA for the years ending 31 December 2022, 2023, and 2024. All responses must be submitted in hard copy by no later than: 4 p.m. on 24 June 2022. A copy of the full RFP may be downloaded below: REQUEST FOR PROPOSAL EXTERNAL AUDIT SERVICES

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ECS 01/2022 Licensees Respond to Preliminary Determination Retail Cellular Mobile Market Review and Assessment

The Utilities Regulation and Competition Authority (URCA) has today published the Initial Responses received to its Preliminary Determination Retail Cellular Mobile Market Review and Assessment under Section 39(1) and (2) of the Communications Act, 2009 (ECS 01/2022). Copies of the Responses are available for download here. In keeping with Section 1.3 of the Preliminary Determination, URCA invites interested parties to submit written comments on the same.  Comments on the Responses should be submitted to URCA by 5 p.m. on 26 May 2022. Written comments on the Responses should be sent to URCA’s Chief Executive Officer, either: By hand, to URCA’s office at…

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Press Release: Statement of Results and Final Decision (SoR) Cost Effectiveness Tariff Policy on RES

NASSAU, THE BAHAMAS (18 March 2022): The Utilities Regulation and Competition Authority (“URCA”) issued its Statement of Results and Final Decision (SoR) in response to its stakeholder Consultation on Proposed Policy Options on Cost-Effectiveness Tariff for Renewable Energy Self-Generation Projects (ES 11/2021) published in October 2021. The ‘Consultation Document’ sought feedback on URCA’s plan to complete a cost-based pricing study to ascertain the pricing policy options for Renewable Energy (RE) exchange to the BPL electricity network.  This allows the regulator to adequately assess fair pricing for the exchange of Renewable Energy (RE), particularly for the Renewable Energy Self Generation (RESG) framework…

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