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Contract Watch: PREPA’s $447.8 Million Contract Leads 26 New Filings Over $1 Million

Published Sep 30, 2026, 6:03 AM AST787daily · Original analysis

At a glance

  • 26 new contracts of $1 million or more with private firms since September 23, across 14 agencies.
  • Most filings: Department of Economic Development and Commerce (DDEC), with 9.
  • Largest: $447,800,873, Puerto Rico Electric Power Authority (PREPA) to CIRO BESS, LLC, for solar energy.
  • Between public bodies: 7 more agreements, the largest $6,171,986 (collaboration agreements).

Why this matters: Where public money is committed: the largest new contracts agencies have signed with private firms, and with whom.

Since Sep 23, 26 government contracts of $1 million or more with private firms have appeared in the Comptroller’s contract registry.

What stands out

The week’s money is heavily concentrated. Two Puerto Rico Electric Power Authority (PREPA) solar energy contracts, $447.8 million and $108.58 million, sit far above everything else in the filings. After them, the amounts drop to $37.23 million for water-retention structures at the Puerto Rico Aqueduct and Sewer Authority (AAA), and most of the rest are in the single-digit millions.

The kinds of work are varied: solar energy, water-retention structures, loans, federal funds, roads and bridges, and buildings. The Department of Economic Development and Commerce (DDEC) files most often, and its two largest entries, $8.25 million and $7.82 million, are federal funds agreements with local workforce development areas. The 14 agencies involved show a wide spread by count, but the dollars sit with a few utility and infrastructure contracts. Filings between public bodies are smaller, with the largest at $6.17 million for collaboration agreements.

The largest new contracts

Names and categories are the registry’s own, in Spanish; hover over or tap an underlined one for the English.

Source: Oficina del Contralor de Puerto Rico, Registro de Contratos, contracts on file as of Sep 30, granted Aug 1 – Sep 30. Amount is the amount to be paid as filed.
Agency (The public body that signed the contract)Amount (Amount to be paid, as filed)Contractor (As named in the registry)Service (The registry's own service category)
AEE (Autoridad de Energía Eléctrica de Puerto Rico — Puerto Rico Electric Power Authority (PREPA))$447,800,873CIRO BESS, LLCenergía solar (solar energy)
AEE (Autoridad de Energía Eléctrica de Puerto Rico — Puerto Rico Electric Power Authority (PREPA))$108,584,882CIRO TWO SALINAS, LLCenergía solar (solar energy)
AAA (Autoridad de Acueductos y Alcantarillados de Puerto Rico — Puerto Rico Aqueduct and Sewer Authority (AAA))$37,231,252.14INDUSTRIAL SERVICES GROUP INC.estructura para retención de agua (water-retention structures)
Vivienda (Departamento de la Vivienda — Department of Housing)$29,109,408OCYON BIO PR INC. and BIOSIMILAR SCIENCES PR, LLCpréstamos (loans)
DDEC (Departamento de Desarrollo Económico y Comercio — Department of Economic Development and Commerce (DDEC))$8,248,637ÁREA LOCAL DE DESARROLLO LABORAL DE CAGUAS/GUAYAMA (ALDL CAGUAS/GUAYAMA)fondos federales (federal funds)
DDEC (Departamento de Desarrollo Económico y Comercio — Department of Economic Development and Commerce (DDEC))$7,818,038ÁREA LOCAL DE DESARROLLO LABORAL DE NORTE-CENTRAL (ALDL NORTE CENTRAL ARECIBO)fondos federales (federal funds)
Salud (Departamento de Salud — Department of Health)$7,500,000LIGA PUERTORRIQUENA CONTRA EL CANCER, INC.incentivos-otros (incentives (other))
Carreteras (Autoridad de Carreteras y Transportación de Puerto Rico — Puerto Rico Highways and Transportation Authority (ACT))$6,347,400PROFESSIONAL ASPHALT L.L.C.carreteras, caminos, calles y puentes (highways, roads, streets and bridges)

The table lists the 8 largest of the 26; every one is searchable in the Comptroller’s registry.

Between public bodies

Loans, leases and service agreements where both sides are part of government. Large, but money moving inside the public sector rather than out of it.

Source: Oficina del Contralor de Puerto Rico, Registro de Contratos, contracts on file as of Sep 30, granted Aug 1 – Sep 30. Amount is the amount to be paid as filed.
Agency (The public body that signed)Amount (Amount to be paid, as filed)Counterpart (The other public body)Service (The registry's own service category)
Carreteras (Autoridad de Carreteras y Transportación de Puerto Rico — Puerto Rico Highways and Transportation Authority (ACT))$6,171,986AUTORIDAD DE TRANSPORTE INTEGRADO DE PUERTO RICO (Integrated Transport Authority)acuerdos colaborativos (collaboration agreements)
AFI (Autoridad para el Financiamiento de la Infraestructura de Puerto Rico — Puerto Rico Infrastructure Financing Authority)$3,000,000DRNA (Departamento De Recursos Naturales Y Ambientales — Department of Natural and Environmental Resources (DRNA)) and CAGUAS (Municipio De Caguas — Municipality of Caguas)préstamos (loans)
DDEC (Departamento de Desarrollo Económico y Comercio — Department of Economic Development and Commerce (DDEC))$2,895,504.18COMPAÑÍA DE FOMENTO INDUSTRIAL DE PUERTO RICO (Puerto Rico Industrial Development Company (PRIDCO))edificios (buildings (construction or repair))
Justicia (Departamento de Justicia — Department of Justice)$2,732,000AEP (Autoridad De Edificios Públicos — Public Buildings Authority)edificios (buildings (construction or repair))
Carreteras (Autoridad de Carreteras y Transportación de Puerto Rico — Puerto Rico Highways and Transportation Authority (ACT))$2,672,541.30AEP (Autoridad De Edificios Públicos — Public Buildings Authority)oficinas (offices)

The table lists the 5 largest of the 7.

Our recent coverage of these agencies

Puerto Rico Electric Power Authority (PREPA)

Puerto Rico Aqueduct and Sewer Authority (AAA)

Department of Economic Development and Commerce (DDEC)

About this list

This is the 2nd Contract Watch (the previous one is here). Source: Oficina del Contralor de Puerto Rico, Registro de Contratos (https://consultacontratos.ocpr.gov.pr/), contracts on file as of Sep 30.

Agencies file with the Comptroller days or weeks after signing, so recent weeks fill in over time; a contract can also be amended or canceled after it is filed.

In context — 787daily, from public data

About this analysis
Cite this

Source: 787daily, “Contract Watch: PREPA’s $447.8 Million Contract Leads 26 New Filings Over $1 Million”, Sep 30, 2026 — https://787daily.com/news/2026-09-30-contract-watch-aee-s-447-8-million-contract-leads-26-new-fil/

Numbers from
Oficina del Contralor de Puerto Rico, Registro de Contratos

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