Liberia: Seven Steps To Liquidate And Sell LEC Once And For All And Solve Our National Problem! The Editor,1) Assess all its assets including all plants and equipment to ascertain a value of the company after deducting its liabilities. 2) Market Valuation– Assess market revenue potential over the next 60 months assuming adequate collection of projected revenues and seriously minimizing power theft by the new market driven private sector entities. 3) Put out an international tender inviting FOUR QUALIFIED companies and their local partners to bid for acquisition of LEC assets. 4) Two of the companies will bid strictly for TRANSMISSION from power sources to substations and the other two companies will bid strictly for DISTRIBUTION to end users.
