The Washington Post reports: The federal emergency agency raised more questions Friday over a $300 million contract given to a small Montana energy firm to help repair Puerto Rico’s hurricane-battered electrical grid, noting “significant concerns” on how the deal was awarded.
The Federal Emergency Management Agency said in a statement that it is looking into whether the contract between Whitefish Energy and the Puerto Rico Electric Power Authority, or PREPA, “followed applicable regulations to ensure that federal money is properly spent.”
After an initial review, FEMA “has significant concerns over how PREPA procured this contract and has not confirmed whether the contract prices are reasonable,” according to the statement. [Continue reading…]