The dispute is related to alleged breaches of indemnity agreements tied to a $103.6 million Puerto Rico Aqueducts and Sewer Authority infrastructure project. #NewsismyBusiness
The funds were used to reimburse the water utility for expenses related to hurricane damage. #NewsismyBusiness
The projects will be funded with federal money and the agency's own capital.
The funds, which are for seven projects, are part of the $3.6 billion that federal agency approved for PRASA through the FEMA Accelerated Awards Strategy (FAASt) in 2021.
The Public-Private Partnership Authority announced it will no longer seek a private-sector partner to optimize the Puerto Rico Aqueduct and Sewer Authority’s (PRASA) water consumption measurement system and the management of its commercial operation. This comes more than three years after the P3 Authority published a Request for Qualifications in June 2018 to identify of […]
The Puerto Rico Aqueduct and Sewer Authority (PRASA) will open bids for 11 infrastructure projects in December, whose total investment approaches $176 million, government officials said. The list of projects includes improvements to the raw water intake located in the Río Grande de Añasco, the completion of the rehabilitation of the Cidra dam, the design […]
In the government of Puerto Rico, we believe in coordination, rather than confrontation, with the Financial Oversight and Management Board (FOMB) to bring their mission to conclusion as soon as possible. In the case of the Puerto Rico Aqueduct and Sewer Authority (PRASA), the Administration of Gov. Pedro Pierluisi is convinced that PRASA’s successes should […]
A trio of government agencies — the Puerto Rico Aqueduct and Sewer Authority, the Infrastructure Financing Authority (AFI, in Spanish), and the Health Department — announced the signing of an agreement to carry out $46 million in improvements to the water utility’s infrastructure. During a news conference, officials from all agencies confirmed that the money […]
The Puerto Rico Aqueduct and Sewer Authority confirmed that the $4 million in upgrades underway at the Quebrada filtration plant in the northern town of Camuy will be completed in about a year. PRASA President Doriel Pagán said the project calls for optimizing the water treatment process, providing an increase in clarification, filtration and disinfection […]
The Puerto Rico Aqueduct and Sewer Authority (PRASA) is investing $29 million in all of the infrastructure improvement projects it has planned for the towns of Arecibo, Hatillo, Camuy, Quebradillas, Lares, Utuado and Jayuya. In a meeting with the mayors and elected legislators from the municipalities, PRASA Executive President Doriel Pagán-Crespo, said the improvements include […]
The Puerto Rico Aqueduct and Sewer Authority announced plans for some $47.2 million in infrastructure projects to improve the to the water and sewerage system in western municipalities. “We’re pleased to be able to share with the mayors and legislators of Puerto Rico’s western region the resumption of our capital improvement program that will provide […]
The Puerto Rico Aqueduct and Sewer Authority announced the reconstruction of the Caguas Central Laboratory, at an investment of some $40 million. It consists of the construction of a structure designed under the new codes established for earthquakes and atmospheric systems, PRASA Executive President Doriel Pagán-Crespo said. She added that during the last quarter of […]
The Puerto Rico Aqueduct and Sewer Authority announced it has received approval to receive up to $163 million for 28 capital improvement projects through a loan agreement with the Department of Natural and Environmental Resources and the Infrastructure Financing Authority’s State Revolving Fund (SRF). The projects include improvements for sanitary infrastructure in the municipalities of […]
The government of Puerto Rico has reached an agreement with a pair of federal agencies to restructure some $1 billion in Puerto Rico Aqueduct and Sewer Authority debt. According to a press release PRASA and the Fiscal Agency and Financial Advisory Authority, or AAFAF, reached an understanding with the Environmental Protection Agency’s Clean Water and […]
“In an economic context where Puerto Rico is experiencing a clear slowdown and where key sectors like construction are struggling to find workers, cutting the [Earned Income Tax Credit (EITC)] will discourage participation in the formal economy and hinder our economic growth.
In an environment where federal funds are decreasing, adding local austerity through EITC cuts could not only cause our labor force participation rate to drop again, but also force local businesses to absorb much of the reduction if they want to maintain the current incentives for formal employment and prevent part of their workforce from returning to the informal sector.”
— Daniel Santamaría-Ots, co-executive director, Espacios Abiertos
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