Eleventh-hour bid

The entrance of the Davie shipyard in Levis, Que., is shown on Oct. 13, 2006.

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The entrance of the Davie shipyard in Levis, Que., is shown on Oct. 13, 2006. The beleaguered Quebec shipyard will find out soon if bureaucrats are going to greenlight its eleventh-hour bid for a lucrative contract to build the next generation of warships and coast guard vessels. Senior officials from the National Shipbuilding Procurement Strategy Secretariat say they’ll decide in the days ahead if Davie Yards is fit to be vying for work that’s worth billions of dollars. The shipbuilder put in its pitch for the work on Thursday morning a scant few hours before the deadline. It has been in creditor protection since February 2010. The firm’s money woes didn’t keep the federal government from naming Davie one of five companies on a short list for the shipbuilding jobs. The only condition was that Davie had to be able to cover all its debts to qualify for the work. Negotiations to keep the company afloat went well into Wednesday evening before a Quebec Superior Court judge approved a deal to sell the shipbuilder to Ontario’s Upper Lakes Group, comprised of five independent companies.