Facilities Assessment & Cost Estimation for a Financial Institution
As a result of the aftermath of the 2017 hurricane season and its effects caused by Hurricanes Irma and María, CPM was contracted to assist Banco Popular de Puerto Rico with an initial damage assessment of their Main Building and its 150+ branches across the island in an expedited time to accelerate the opening of their operations.
Services were divided into three phases:
- Damage assessments
- Cost Estimates for Restauration
- Management of Construction
As a result of CPM”s effort, Banco Popular de Puerto Rico recovered more than 90% of the Insurance Claims.
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