In addition, the improvements will allow the Caribbean island nation to more efficiently use federal funds for future highway projects, DOT said.
“We are dedicated to helping advance projects that will create jobs and contribute significantly to the recovery of Puerto Rico’s economy,” said U.S. Transportation Secretary Anthony Foxx, who signed the MOU with Federal Highway Administrator Gregory Nadeau, Puerto Rico Gov. Alejandro García Padilla and Puerto Rico Transportation Secretary Miguel Torres Díaz on Thursday.
The MOU provides federal technical assistance to ensure that Puerto Rico’s transportation officials are able to efficiently access about $400 million in previously obligated federal funds for infrastructure projects on the island. The agreement is also expected to improve Puerto Rico’s billing procedures by using electronic funds transfer and reducing the time it takes to pay contractors.
The agreement will also require the Puerto Rico government to hire a management consultant to “assist with streamlining project delivery, bolstering construction management and improving engineers’ estimates – which are key to ensuring that bid prices for federal-aid road projects are reasonable,” DOT said.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now