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Location of Puerto Rico. Puerto Rico is an unincorporated territory of the United States located in the northeast Caribbean Sea. It is an archipelago that includes the main island of Puerto Rico and a number of smaller ones such as Mona, Culebra, and Vieques. The capital and most populous city is San Juan.
The no bidding contracting, however, was performed lawfully under Puerto Rican law, as Puerto Rico governor Ricardo Rossello had proclaimed an executive order beforehand that left without effect all the processes established by law or by regulation to contract private entities, using as an argument for its decree a previously lawfully declared ...
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Liberty Puerto Rico was created in 1999, replacing TCI Cable. During its existence as OneLink Communications, the company was owned by MidOcean Partners and Crestview Partners, which paid $250 million in June 1998 to buy the property from Adelphia .
Financial Oversight and Management Board for Puerto Rico (FOMBPR), colloquially known as La Junta de Control/Supervisión Fiscal is a government entity whose role to revise and approve the budget and obligations of the government of Puerto Rico was created by federal law PROMESA.
Puerto Rico’s new natural resources secretary has shelved an investigation into allegations of illegal construction in a protected area on the island’s southwest coast, sparking an outcry.
Financial Oversight and Management Bd. for Puerto Rico v. Aurelius Investment, LLC, 590 U.S. ___ (2020), was a United States Supreme Court case in which the Court held that appointments to the Financial Oversight and Management Board for Puerto Rico are not subject to the restrictions in the Appointments Clause of the U.S. Constitution.
A joint venture between Quanta Services (USA) and ATCO (Canada), LUMA was created to manage Puerto Rico’s power grid. [1] [2] The contract under which LUMA Energy operates the power grid in Puerto Rico was signed after a bid in 2020. [7] In the bid, five different companies participated and only four submitted business proposals. [2]