An additional $31.7 million has been advanced to continue restoring Puerto Rico’s electric system.
Agency will purchase and install generators at police stations and government facilities.
The funding application deadline is Oct. 21.
The funding responds to PREPA's inclusion in FEMA's Working Capital Advance pilot program.
This represents nearly $28 billion in funds.
Once both phases of the project are completed, the southern part of the island will have a more resilient water system, officials said.
Government could advance up to $375M in funds through the program.
This figure represents 75% of the funds disbursed throughout 2021.
With this initiative, construction industry workers and contractors will be able to see the processes and be able to compete.
The trainings which will be extended to other organizations throughout the island, prepare personnel on the processes required to move reconstruction projects forward.
The Carolina Downtown project would mitigate areas around the town’s government center and surrounding areas.
The Central Office of Recovery, Reconstruction and Resiliency (COR3), which works with the Federal Emergency Management Agency (FEMA) to disburse recovery funding to rebuild after Hurricane María, has revised its disbursement mechanism to expedite the ongoing process, agency Executive Director Manuel Laboy confirmed. “The Request for Reimbursement (RFR), as well as the Advance Request (RFA), […]
Technology firm CGI today announced the government of Puerto Rico has awarded it a contract for ongoing disaster recovery IT services as part of the Commonwealth’s continued rebuilding effort following hurricanes Irma and María. The financial terms of the contract were undisclosed. “CGI and the government of Puerto Rico have forged a vital partnership to […]
As a result of a series of roundtables headed by the Central Office of Recovery, Reconstruction and Resiliency (COR3), its Executive Director Manuel Laboy signed two collaborative agreements with the medical devices and tourism sectors to provide data that allow the development of strategic marketing plans that promote investment in the island. “The reconstruction process […]
The Central Office of Recovery, Reconstruction and Resiliency (COR3) announced the first disbursement of approximately $7.1 million to the Puerto Rico Electric Power Authority for work related to reconstruction projects. “The approval of the Advance Request, presented by PREPA to COR3 and whose millionaire amount was disbursed to cover expenses incurred and projected for the […]
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