RE:RE:RE:RE:RE:Sick of fomb
FOMB stands for FINANCIAL oversight and management board. If they just rubber stamped everything they wouldn't be doing their job. They are overseeing what PREPA wants to approve and making sure the contracts are in the best interest for Puerto Rico financially. They are trying to prevent ongoing corruption that other posters have spoken about. Unfortunately this scrutiny means additional delays and, I'm assuming, renegotiating of all the contracts that don't make the 150mw cut. So we need to be apart of the 150mw or else we may suffer a huge blow both in time to construction and the rate we'll get per kw. I fear, if we make the cut, Jeff's phase II plans will have to be built at a discount to phase I. These are my opinions as an outsider. I'm sure Jeff might tear me a new one and voice a different opinion... and I encourage that. After all whoami2u.