Thursday, December 14, 2017

Puerto Rico fiscal board seeks permitting firm

By on November 21, 2017

SAN JUAN – Puerto Rico’s fiscal control board announced Tuesday its request for proposals (RFP) for a firm that would work with the permits required for “critical projects,” as defined in Title V of the Promesa federal law.

The RFP indicates that the company should advise, review and assist the fiscal board and Revitalization Coordinator Noel Zamot in obtaining expedited permits for these projects.

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In a written statement, Zamot said the selected firm “will work under my guidance, and will support economic investment by advising, reviewing and developing rapid permitting plans consistent with the Critical Projects Process.”

Title V provides for an expedited permitting process, both locally and federally, for infrastructure projects certified as critical by the board. In addition to Zamot, McKinsey & Co. is also involved in carrying out the federal law’s provision, according to its contract as board adviser.

Although the government has identified a score of infrastructure projects—for energy, waste management and transportation, among others—the board has yet to certify a project to be developed under Title V.

The deadline to submit proposals is 5 p.m. on Nov. 29.

See the board’s RFP here.

 

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