Ferguson Marine’s failed bid sparks outrage over mismanagement and costs
Ferguson Marine’s failed bid for the Small Vessels Replacement Programme has drawn sharp criticism from SNP MSP Stuart McMillan. He blamed the yard’s former management for flawed financial planning, which led to an uncompetitive tender. The setback has raised concerns about the shipyard’s future and its impact on workers and taxpayers alike.
McMillan singled out the yard’s previous leadership for including a direct award assumption in their business plan. This decision inflated wage costs and pushed bid prices far beyond competitive levels. As a result, Ferguson Marine lost the phase one tender, despite a scoring system that weighted quality over cost by 65:35.
The failed bid has left workers, the local community, and taxpayers facing disappointment. Without a shift toward competitiveness and stable management, the yard’s prospects remain uncertain. Securing major contracts will be key to reversing its fortunes.
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