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Bimini Complex Contract Signing

Bimini Complex Contract Signing

7/16/2019 11:15:24 AM


Pictured for the contract signing are: seated(L-R): Nicola Virgill-Rolle, NIB Director; Geoffrey Stuart, NIB Deputy Chairman; Troy Smith, NIB Chairman; Christopher Harris, President, Pyramid Construction Ltd. 
Standing(L-R): Javonne Chisholm, Project Quantity Surveyor; Phaedra Mackey-Knowles, NIB Deputy Director Corporate Risk, Strategy Management and Investments; Charles Farquharson, Consultant, NIB Services; Heather Maynard, NIB Legal Officer; Sonia Gill, NIB Financial Controller; Sean Farrington, Project Consultant.


The National Insurance Board is pleased to advise that the project to construct a new government office complex in Alice Town, Bimini,is being restarted with the signing of the final contract on June 11, 2019 with Pyramid Construction. Director Virgill-Rolle and her Executive team worked closely with the Board to ensure that there will be close monitoring and oversight of this project to completion.The project is expected to be completed within a six-month timeframe.Chairman Troy Smith, expressed his good pleasure in the restart of the project and looks forward to the completion of the much needed government complex in Bimini. The new complex, which will house the Island Administrator’s Office, the Post Office, the Department of Immigration, the Customs Department, Magistrates Court and the NIB Local Office,is expected to open in early 2020.

READ FULL PRESS RELEASE...Press Release - Bimini Complex Contract signing.pdf



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NIB Compliance Press Release
3/11/2009 12:00:00 AM
As was reported in the local media recently, the National Insurance Board (NIB) is increasing its review of the contribution accounts of delinquent employers and self-employed persons in order to ensure compliance with the National Insurance Act (the Act).
The National Insurance Board
3/2/2009 12:00:00 AM
As of March 2, 2009, all claims submitted for short-term benefits by employed persons (i.e., persons who have bosses) must be accompanied by an Employers Certification form (Med 4). The new Med 4 form is a single- sheet addition to the Med 1, Med 1A and Med 2 forms. It requires the employer to certify that an employee is/was/will be off from work for the period stated.
Press Response on clear policy
2/2/2009 12:00:00 AM
The National Insurance Board’s (NIB) primary objective, as mandated in the National Insurance Act, continues to be providing income-replacement for workers when they are unable to work. To deliver on this income-replacement promise to workers of The Bahamas, NIB collects contributions from self-employed persons and from employers on behalf of employees.