The Puerto Rico Public-Private Partnerships Authority (P3) is seeking quotes from qualified financial, technical, and legal advisors to assist with the analysis of a potential P3 project related to the modernization of the digital infrastructure of the Puerto Rico Highways and Transportation Authority (HTA). According to the Request for Quotes documents for the project’s different […]
Following an allocation of $8.7 million in federal funds disbursed by the Federal Highway Administration (FHWA), the Puerto Rico Highways and Transportation Authority (ACT, per its Spanish acronym) will repair the traffic lights at 720 intersections affected by Hurricane María.
The Financial Oversight and Management Board for Puerto Rico announced Monday it approved, certified and filed in the U.S. District Court for the District of Puerto Rico voluntary petitions under Title III of the Puerto Rico Oversight, Management and Economic Stability Act for the Puerto Rico Highway and Transportation Authority and the Government of Puerto Rico Employees Retirement System.
“In today’s environment of heightened uncertainty, consumers are encouraged to prioritize financial prudence, disciplined expense control and effective budgeting to mitigate further stress on their finances.
A ‘wait-and-see’ approach may serve the Fed, but not consumers.”
— Leslie Adames, director of analysis and economic policy, Estudios Técnicos
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