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Vol. I · No. 15 Texas Edition
Wednesday, Oct 14
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Puerto Rico

Oversight Board warns Puerto Rico agencies: OMB authorization does not equal contract approval

By The San Juan Daily Star 1 views 0 comments
Oversight Board warns Puerto Rico agencies: OMB authorization does not equal contract approval
Image: The San Juan Daily Star

By THE STAR STAFF The Financial Oversight and Management Board for Puerto Rico issued a formal notice on October 7 clarifying that government agencies are misinterpreting the contract review process and, in some cases, bypassing mandatory Oversight Board approval for multimillion‑dollar agreements. In a letter sent electronically to Fiscal Agency and Financial Authority Interim Executive Director Vicky González Vega, Office of Management and Budget (OMB) Director Orlando Rivera Berríos, and...

The San Juan Daily Star Original story · www.sanjuandailystar.com
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