Mammoth Energy Services says more findings by the federal government defend the contract work the firm performed in Puerto Rico following the disastrous hurricane Maria in 2017.
The Oklahoma City company posted two more documents recently released by the Federal Emergency Management Agency concerning work performed by Mammoth’s Cobra Acquisitions LLC in Puerto Rico.
Arty Straehla, Mammoth’s CEO said the documents were the fifth confirmation that the work performed by the firm’s subsidiary “was both within the scope of the PREPA contract and was at a lower overall cost than other contractors on the island.”
PREPA is the Puerto Rico Electric Power Authority.
He said the documentation only shows that the company’s team did a difficult job in a difficult environment to save lives and help the people of Puerto Rico.
“We have also recently become aware in court filings made by PREPA that FEMA has obligated approximately $250 million for costs incurred under the second contract.”
FEMA released a document on May 26 related to the first of two contracts Cobra did for PREPA in 2017. FEMA also released a Cost Analysis at the recommendation of the Department of Homeland Security’s Office of Inspector General which showed Cobra’s overall average rate was lower than all other contractors that were reviewed. The analysis also found that Cobra’s costs for transmission and distribution lines for “appear reasonable.”
The documents also show the government study and review found that Cobra’s duration of work was reasonable.
Click here for Mammoth press release of government findings.