Streamlining Disaster Recovery for Puerto Rico and Virgin Islands
This bill aims to accelerate and simplify the recovery efforts in Puerto Rico and the U.S. Virgin Islands after disasters. It modifies damage assessment rules, ensures timely payments, and provides greater flexibility in using recovery funds. This helps residents and local authorities return to normalcy faster.
Key points
Simplified Damage Assessment: Instead of evaluating every small component, entire systems (e.g., water systems) will be assessed as a single project, speeding up the process.
Faster Payments: Providers and contractors involved in recovery work will receive timely payments and reimbursements.
Financial Flexibility: Local governments and non-profit organizations can combine various funding sources to cover recovery costs, making project financing easier.
Extended Deadline for Cost Estimates: The deadline for submitting cost estimates and project worksheets has been extended, allowing more time for application preparation.
Status:
Expired
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