On April Fools’ Day, the head of AIDEA said the long-delayed $250,000 “independent” review of the agency would be released by mid-April after the contractor inserted revisions prepared and demanded by AIDEA.
The Alaska Gasline Development Corporation can’t find a private company willing to pay $50 million for the final design and engineering work on a proposed gas pipeline unless there is a pledge to get that money back from the state.
This story was originally published in Reporting From Alaska.
The Alaska Industrial Development & Export Authority spent $250,000 of public money to complete an independent...
AIDEA has long used outside attorneys. What’s new is selecting firms in advance, which the agency's leader says allows work to happen more quickly than going through the state’s procurement process each time an issue comes up.
For decades, the Alaska Industrial Development and Export Authority has operated with impunity. It’s steadily chipped away at legislative oversight and lost big on...
AIDEA claims that once it decides what to do with the $300 million, there will not be enough time to get approval from the Legislature on the specifics.