The Federal Emergency Management Agency and the Central Office for recovery, Reconstruction and Resilience, or COR3, obligated more than $44 million for recovery efforts related to Hurricane María. Among the nine projects that were obligated are those for the Puerto Rico Department of Transportation and Public Works (DTOP, in Spanish), the University of Puerto Rico […]
The lack of progress in getting Puerto Rico’s economy back on track does not bode well for what should happen in 2020, according to an analysis by H. Calero Consulting Group Inc. “The economy needs to grow soon, or the assumptions made in negotiating with bondholders may have to be revisited. Something everyone will want […]
The Federal Emergency Management Agency and the Central Office for Recovery, Reconstruction and Resilience, or COR3, have obligated nearly $7.5 million in additional funds for 78 projects related to the recovery and reconstruction of Puerto Rico, the agencies announced. These funds were obligated from Dec. 13-19. Among the obligations are funds for architectural and engineering […]