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Here's What's In That $300 Million Whitefish Contract

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Here's what's in that 4399M Whitefish contract

Last week, a tiny company in Montana called Whitefish Energy Holdings announced that it had been given a $300 million contract with Puerto Rico Electric Power Authority to help restore electricity on the island, which was severely damaged last month by Hurricane Maria. As we reported, that deal was met with surprise and suspicion from many: The project is enormous, and Whitefish is a two-year-old firm that until recently had just two full-time employees.

The full text of the Whitefish contract is now publicly available, so all of its terms can finally be assessed. The reporter Yanira Hernández Cabiya at Caribbean Business attained the contract and published it online.

Much of the controversy that has surrounded the contract has focused on the high rates Whitefish is charging for labor. The contract shows those labor rates are pricy indeed: $240 an hour for a general foreman and $227 for a lineman. The per diems are also expensive: almost $80 a day for meals, and $332 a day for lodging. Employee flights are billed at $1,000 each way.

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