State & Local News
Virgin Islands PFA Renews Disaster Recovery Contracts
March 23, 2026
The Virgin Islands Public Finance Authority (PFA) has approved two-year contract extensions for Ernst & Young and Witt O'Brien, effective May 1, 2026 through April 30, 2028, with combined annual values up to $46.8 million. These contracts support federally funded disaster recovery efforts in the territory, focusing on financial management, compliance, cash-flow analysis, and technical support for recovery projects across sectors such as utilities and education. This renewal underscores the ongoing need for specialized financial and project management services to ensure effective use of federal recovery funds and compliance with complex regulatory requirements.
- Ernst & Young's contract extension, valued up to $25.6 million per year, continues their role in financial oversight, payment reviews, and cash-flow planning critical to disaster recovery funding management.
- Witt O'Brien's contract extension, valued up to $21.2 million per year, provides staff augmentation and technical support for recovery projects, including infrastructure sectors.
- Procurement professionals should note the importance of contract continuity in disaster recovery programs and the significant budget allocations for financial and technical support services.
- Contractors with expertise in federal compliance, financial management, and disaster recovery project support may find opportunities in similar territorial or federally funded recovery initiatives.
Ernst & Young has been involved in the recovery effort from the beginning and continues to play a central role in reviewing payments, contracts, documentation and cash-flow planning tied to the territory27s disaster recovery funding.
— Adrienne Williams-Octalien, ODR Director
Agencies
Virgin Islands Public Finance Authority, Office of Disaster Recovery
Vendors
Ernst & Young, Witt O'Brien
Contracts
up to $25,632,361 per year, up to $21,197,777 per year, $5.7 million
Locations
Sources
- PFA Renews Ernst & Young and Witt OβBrien Contracts Worth Up to $46.8 Million a Year · The Virgin Islands Consortium · Mar 23