March 8, 2019 - Regulation for the Procurement, Evaluation, Selection, Negotiation and Award of Partnership Contracts and Sale Contracts for the Transformation of the Electric System under Act No. 120-2018, as amended
The Puerto Rico Public-Private Partnerships Authority (the “P3 Authority”) has come to transform Puerto Rico’s economy and lifestyle by enhancing our infrastructure and services through the effective integration of the private sector’s innovation and expertise. By following a global trend, our successful stories have shown that we are capable of supporting and establishing agreements that can be mutually beneficial for all stakeholders involved; particularly, our citizens of Puerto Rico. Some of them have been considered landmark transactions in the United States and have been showcased as successful case studies to be followed as examples of well-implemented P3 partnerships. For instance, in the case of Luis Muñoz Marín International Airport, it constitutes the first and only successful privatization of a large commercial airport under the FAA’s pilot program.
Puerto Rico’s current economic and fiscal situation requires us to devise innovative ways of delivering high quality public services and foster socio-economic development, by optimizing synergies between the government and the private sector to pursue the best outcome for the people of Puerto Rico. By leveraging on our successful precedents and reputation as an ideal investment destination, the administration of Governor Ricardo Rosselló has come to clearly convey to the markets that Puerto Rico is Open for Business.
Our main goal is to continue to meet the demands of our times and acknowledge modernization and technological interactivity between the public and private sector, by welcoming you to our website. Accessibility, transparency and accountability are pillars of this new administration and the P3 Authority is fully committed to such principles. In that regard, at our website you will find all information required by law as well as many other resources which will allow the public to participate in the proceedings conducive to a P3. Among such information, you will find the list of our priority projects, business opportunities, applicable laws and regulations, public dissemination of desirability studies and procurement documents, as well as relevant news concerning how to participate in the process to enter into a P3 agreement.
Undoubtedly, we are focused on availing ourselves of the historic juncture that we have before us to lay out the groundwork for the new Puerto Rico that our current and future generations deserve.
We are convinced that together we can build the better Puerto Rico we know is possible!
The Puerto Rico Public-Private Partnerships Authority will be pleased to help you with any questions you have regarding our Agency.
Mailing address: PO Box 42001, San Juan, PR 00940-2001
Physical address: Roberto Sánchez Vilella (Minillas) Government Center de Diego Ave. Stop 22 San Juan, PR 00907