Ministry of Works technical experts are reviewing Baha Mar's new proposal for payment for the rerouted West Bay Street, with the government still eyeing an amicable resolution before the end of the year, Deputy Prime Minister Philip Brave Davis said this week.
"I met with Baha Mar [Tuesday]," he told The Nassau Guardian during a recent interview.
"They provided us with all their documentation that we are now going through. I am awaiting my advice from my technical team before we go ahead."
Davis, who is also the minister of works and urban development, said the Christie administration will not make any more payments to Baha Mar to cover its portion of costs for road works associated with the project until negotiations over the final figure the government will pay are concluded.
After months of wrangling, Davis said he hoped the situation would be wrapped up before the end of the year.
Under the heads of agreement between the resort and the government, the cost of the road's construction was meant to be shared.
The government is obligated to pay $47.8 million to Baha Mar if the cost of reconfiguration of West Bay Street exceeded $70 million, Davis previously explained.
He said if the figure is less than $70 million, the government would only be obligated to pay 50 percent.
Government technical experts have reportedly assessed the value of the roads at around $58 million. However, Baha Mar officials said road works total over $100 million.
A source close to the matter previously told The Nassau Guardian that the Christie administration has reportedly paid the developers of Baha Mar more than $30 million over the past year.
Davis said that the previous payments were made in two tranches.
In September, Robert Sands, Baha Mar's senior vice president of administration and external affairs, told The Guardian the Christie administration has paid more than 50 percent of the $48.3 million it says is owed.

Click here to read more at The Nassau Guardian