Privatization of certain functions under review at PRASA
By John McPhaul
Puerto Rico Aqueduct and Sewer Authority (PRASA) Executive President Doriel Pagán Crespo said in a radio interview on Tuesday that the water utility is analyzing the privatization of certain functions.
“That continues under the evaluation of the P3 [Public-Private Partnership Authority] office,” Pagán Crespo said in a radio interview on the program “Pegaos en la Mañana” on Radio Isla. “So as soon as they have a final determination, we will know the result. But it is still under evaluation.”
“What was being contemplated was only for the customer service area” through the P3 model, she added. “No dismissal of employees is contemplated” by PRASA under a revised structure, she said.
As for when bidding could start for a P3 contract, Pagán Crespo said she is in the evaluation process. The P3 Authority, or P3A, is described on its website as the one that “leads the delivery of investments for the infrastructure of Puerto Rico, with the intention of transforming our economy by ensuring private capital for public projects.”
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