The newly formed Puerto Rico Public Private Partnerships Authority launched its Web site last week, offering information on P3 developments throughout the commonwealth.
The bilingual site is located at
The PPPA will evaluate and oversee all private investment in the island’s infrastructure and development. It has a five-member board, with the president of the Government Development Bank for Puerto Rico serving as the panel’s chair. The board also includes the Treasury secretary, the president of the Puerto Rico Planning Board, and two public-sector members recommended by the House and the Senate but appointed by the governor. Gov. Luis Fortuño has yet to assign those two members.
The Web site lists 30 projects that commonwealth agencies had already submitted for consideration, including water and sewer upgrades, surface transportation and mass transit developments, and affordable and assisted-living projects, according to the Web site. The authority’s board has yet to review the submitted developments for final approval.
The new site will offer reports and studies of P3 developments, request for qualifications and proposals, and final contract decisions.
