Kit MacAvoy

1 day ago | stthomassource.com | Kit MacAvoy

Territory leaders defended a long-sought provision included in the Trump administration’s budget bill that would exempt some Virgin Islands companies from paying a federal tax typically levied on U.S. businesses operating in foreign countries. “It ensures that investors view the Virgin Islands as a viable, stable, and fair destination for long-term economic development,” Gov. Albert Bryan Jr. said.

1 day ago | stthomassource.com | Kit MacAvoy

An Ohio-based environmental engineering and consulting firm sued the V.I. Housing Finance Authority and two of its top officials last week, alleging a pattern of awarding federally funded contracts to a competitor at “grossly inflated” prices, despite an apparent conflict of interest.

1 week ago | stthomassource.com | Kit MacAvoy

The V.I. Water and Power Authority approved a nearly $9 million contract to manage the territory’s advanced metering infrastructure replacement to Witt O’Brien’s, whose bid was more than double that of the runner-up and 19% higher than the utility’s own cost estimate. The approval came during a special meeting of WAPA’s governing board Monday, two and a half weeks after board members first heard the utility’s selection committee recommend going with Witt O’Brien’s.

2 weeks ago | stthomassource.com | Kit MacAvoy

The 36th Legislature Wednesday cleared a slate of nominations, zoning changes and bills, many of which were approved unanimously by the 14 members in attendance.

2 weeks ago | stthomassource.com | Kit MacAvoy

The 36th Legislature voted 14-0 Wednesday to rescind raises for the governor, lieutenant governor and other high-ranking government employees recommended by the V.I. Public Officials Compensation Commission. Sen. Carla Joseph was counted as absent. The vote came two days after lawmakers convened a Committee of the Whole to consider the measure, which was introduced by Sen.