Puerto Rico Supreme Court Issues Key RFP Ruling: Top Points for Companies
By EsqSocial Corporation 11/09/24
Prudent entities responding to Requests for Proposals (RFPs) from the Government of Puerto Rico will exercise additional caution when determining how to demonstrate their economic fitness, after the Puerto Rico Supreme Court (PRSC) ruled that an administrative agency is not allowed to consider the financial statements of proponent’s parent company and other affiliates when evaluating the financial condition of the subsidiary....
By: DLA Piper