Have you heard the story of this 2-person utility company from Interior Secretary Ryan Zinke’s hometown which managed to get a $300M contract from Puerto Rico to repair the territory’s electrical grid?
That seems a little bit crony-ish, does it not? Well, the contract has surfaced:
Boom. Leaked copy of the Puerto Rico / Whitefish contract: https://t.co/XR1wTcD5hJ
— Ken Klippenstein (@kenklippenstein) October 27, 2017
Here are some choice bits:
Whitefish contract states, "In no event shall [government bodies] have the right to audit or review the cost and profit elements." Wow. pic.twitter.com/dIyQXb6AK0
— Ken Klippenstein (@kenklippenstein) October 27, 2017
Wait, there’s more!
Incredible: Whitefish contract states Puerto Rican govt "waives any claim against Contractor related to delayed completion of work." pic.twitter.com/k4wWxrLFq2
— Ken Klippenstein (@kenklippenstein) October 27, 2017
More still!
"There's a schedule, but too bad for PR if contractor is delayed." WTF pic.twitter.com/oYsZSR6dWN
— screAMY (@acfavret) October 27, 2017
I haven’t a clue why the boss of the Puerto Rican electrical utility PREPA signed this thing, which basically indemnifies the contractor Whitefish Energy for any misdeed it performs on the island. If I were a stakeholder in PREPA, which is government-owned, I’d be furious with the company’s top management and would be looking for a way to dump them.