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prima:PREPA bankruptcy stalemate causes sharp rise in consultancy costs

Although the amount of external services has been reduced compared to previous years, the bulk of the costs are still linked to debt restructuring

October 3, 2025 - 1:51 PM

This fiscal year, PREPA has signed the lowest amount in consulting contracts since 2021, although the figure could increase between now and June 2026. (Carlos Giusti/Staff)

The prolongation of the Puerto Rico Electric Power Authority (PREPA) bankruptcy case - the outcome of which remains uncertain amid mass dismissals at the Fiscal Oversight Board (JSF) and the subsequent withdrawal of support from broad creditor groups for the proposed Plan of Adjustment - means in parallel the continuation of consulting expenses that, for the past five years, has represented the bulk of the public corporation’s outsourcing.

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