AGP Executive Report
Last update: 10 hours agoAirport Retail Deal: The Antonio B. Won Pat International Airport Authority conditionally awarded Avolta AG the top-ranked bid for both the specialty retail (including duty free) and master food-and-beverage concessions, setting up a Dec. 21 start after final negotiations. Tourism Funding: GVB launched a new online grants portal for the Tourism Works Micro-Grant, letting tourism partners apply, upload documents, and track submissions more easily. Remittances & Budget: Guam is set to receive about $105.1M in Section 30 federal income tax remittances on Sept. 15, and a new bill would direct nearly $19.9M in additional Section 30 funds to a dedicated Simon Sanchez High School modernization fund. Power Reliability: GPA says the Ukudu steam turbine is back online after a long repair period, restoring more generation capacity and reducing outage risk. Fuel Costs: Guam fuel prices jumped again—regular up to $5.929 and diesel to $6.999—after nearly a month of respite. Regional Voice: Gov. Lou Leon Guerrero urged Pacific Islands Forum members to grant Guam full membership and backed a precautionary pause on deep-seabed mining. Finance for Overseas Filipinos: The Philippine Consulate in Hagåtña announced online financial literacy sessions on Retail Treasury Bonds for overseas Filipinos.
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