In 2020, FEMA announced the FEMA Accelerated Awards Strategy (FAASt), which allows critical infrastructure projects to be grouped together in order to expedite energy grid work in Puerto Rico.
As one of the largest and most complex disasters in FEMA history, Hurricane María (en español) provided an opportunity to implement FEMA’s Accelerated Awards Strategy (FAASt) to help streamline recovery projects.
FAASt Cost Estimates
Due to the volume of inspections and the time required to finalize cost estimates for the disaster-damaged assets of the Puerto Rico Electric Power Authority (PREPA), FEMA and the Puerto Rico Central Office of Recovery, Reconstruction and Resiliency (COR3) agreed to use a Statistical Sampling Methodology to arrive at fixed cost estimates.
This led to the obligation of four FAASt projects.
Puerto Rico Electric Power Authority (PREPA)
$9.4 billion
Sept. 23, 2020
Puerto Rico Department of Education (PRDE)
$2 billion
Sept. 23, 2020
Puerto Rico Aqueduct and Sewer Authority (PRASA)
$3.6 billion
Jan. 8, 2021
Puerto Rico Public Housing Administration (PRPHA)
$554 million
Jan. 24, 2022
FAASt Project Descriptions
Learn about the Hurricane María (en español) recovery projects FAASt funding is supporting in Puerto Rico.