CUC underpayment at $7.3 million in just 3 months

The Commonwealth Utilities Corp. incurred a $7.3 million underpayment in the first three months of the fiscal year, October to December 2013. CUC executive director Alan Fletcher and chief financial officer Charles Warren told the newly installed board of directors on Thursday...
Posted On Apr 07 2014 08:34
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David Sablan takes helm of new CUC board

The newly revived board of directors of the Commonwealth Utilities Corp. has chosen David Sablan as its chairman during the body’s first official meeting at CUC’s conference room yesterday. Sablan, a native of Guam, served as board chair for seven years at the Guam Power...
Posted On Apr 04 2014 14:44
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CUC penalties at $64.3M

The cash-strapped Commonwealth Utilities Corp. has accrued $64.325 million in fines and penalties for failing to timely address the requirements of stipulated orders mandated by the federal government, a substantial amount that the agency has no ability to satisfy if collection...
Posted On Apr 04 2014 14:43
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Holding out for a better deal

The CNMI’s problem is not a lack of medical referrals, a lack of CUC power plant upgrades, or a lack of DPS officers. Those are only symptoms. Everyone knows the real problem is a lack of money. The usual whiners complain about the lack of money for medical referrals or PSS or...
Posted On Apr 04 2014 13:31
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