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Financial Oversight and Management Board for Puerto Rico
Every story we’ve published that names Financial Oversight and Management Board for Puerto Rico, newest first.
- Oversight Board Defends Its Handling of Revoked $5.9 Billion Power Expectations Contract
The Financial Oversight and Management Board for Puerto Rico, created under the federal PROMESA law, reiterated this week that it acted correctly in approving and then revoking the $5.9 billion, ten-year contract between the Puerto Rico Electric Power Authority (PREPA; AEE in Spanish) and Power Expectations LLC, Enchanted Rock LLC and Reyes Contractor LLC for temporary power generation.
- Highway Authority Announces AutoExpreso Fines Will Resume October 19
Puerto Rico’s Highway and Transportation Authority (ACT) announced that the reactivation of AutoExpreso fines will begin on Monday, October 19.
- 3PPO Disputes Financial Oversight Board’s Claims on Power Contract
The Office of Third-Party Oversight (3PPO), represented by Osvaldo Carlo, sent a letter to Robert F.