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View Full Version : SOMO/JCE reach deal



NewsWhore
05-22-2009, 05:20 PM
The Central Electoral Board (JCE) and the SOMO company have reached a preliminary deal, in which the JCE agrees to pay out US$8.5 million to Somo. The agreement also includes a payment plan, rescinding RD$1,980,000 in fines and Somo will immediately begin the process of digitalizing the civil registries. As per the agreement the first payment will be for US$2.5 million, paid once the agreement is signed, and US$879,916 30 days afterwards. Of the remaining US$5,120,083, US$2,560,041 will be paid 90 and 135 days after the agreement is signed. The deal is due to be passed on 29 May when the JCE board meets.

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