PWC chairman’s full statement: Bernhard has not established trust or transparency Wade Fowler Wade Fowler, chairman of the Public Works Commission’s Board of Commissioners, released the following statement Wednesday evening: As has been reported, PWC was asked to evaluate an unsolicited concession offer presented by private equity firm Bernhard Capital Partners Management LP (BCPM), which is based in Louisiana. After doing so, PWC concluded that we were unable to enter into the initial Letter of Intent. Since that evaluation and well over a month ago, BCPM was provided an opportunity to submit a second and final proposal. To date, BCPM has not provided a final proposal nor has BCPM released PWC from a non-disclosure agreement, as we requested on April 30, 2021. BCPM has begun sharing selected benefits of its proposal, while the details and costs that provide the complete picture of the offer remain confidential.