Urging Compliance With Act 8471, Frett-Gregory Advocates for Qualified Turnaround Management for WAPA

Senator Frett-Gregory emphasizes the need for strict adherence to Act No. 8471 in the selection of a management company to overhaul VIWAPA’s operations

In a press release issued Monday night, Senator Donna Frett-Gregory emphasized the importance of adhering to the legislative requirements of Act No. 8471 as the U.S. V.I. Public Finance Authority prepares to select a turnaround management company for the V.I. Water and Power Authority.

The Act, enacted in August 2021, mandates comprehensive assessments and strategic recommendations to enhance WAPA’s operations and financial health.