Construction open to recovery extension
Puerto Rico’s construction industry views with optimism the U.S. government's proposal to extend the execution period—through 2035—for projects funded by federal recovery aid following Hurricanes Irma, Maria, and Fiona, as well as the earthquakes that occurred in late 2019 and early 2020.For industry leaders, the extension represents an opportunity to complete projects still in various stages of development and to address delays caused by factors such as permitting processes and rising material...