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Bulk of CUC’s $11.7M Yutu expenses: GPA, labor
File photo shows power personnel, including from off-island, fixing power poles damaged by Super Typhoon Yutu last Oct. 24 and 25. The bulk of the $11.7 million that the Commonwealth Utilities Corp. spent went to the Guam Power Authority and for labor. The Federal Emergency Management Agency is reimbursing CUC for all typhoon-related expenses. (Ferdie de la Torre)
The bulk of the Commonwealth Utilities Corp.’s $11.7-million expense for Super Typhoon Yutu restoration went to the Guam Power Authority and labor.
According to CUC’s chief financial officer’s reports for the first quarter of fiscal year 2019, from October 2018 to January 2019, Yutu restoration expenses reached $11,742,302.
Of the $11.7 million spent during the four-month period, $5,087,939 was to GPA and $4,141,797 went to local labor costs.
Last December, CUC executive director Gary P. Camacho disclosed that over 280 utility personnel, including from off-island, were involved in the restoration program on Saipan and Tinian.
GPA reportedly sent 41 power experts.
CUC’s expenses for GPA personnel amounted to $1.3 million last November, $1.5 million last December, and $2.3 million last January.
The CFO reports, which was prepared by CUC’s acting chief financial officer Corina Magofna, also show that rental for equipment reached $1,106,166 and meals amounted to $308,936.
The smallest expense was $12,228, which was for the submersible pump installed at the former Mariana Resort & Spa in Marpi.
In the four-month period, the highest expense ($4,299,298) was incurred last January.
The Federal Emergency Management Agency is reimbursing CUC’s typhoon-related expenses.
