But damage and economic impact cost could reach $6 billion, says a Moody's estimate, as President Joe Biden releases funds for emergency repairs and announces FEMA official as federal coordinator for long-term reconstruction
President Joe Biden disaster declaration for hard-hit historic center Lahaina and other affected areas on Aug. 10 makes federal funds available for recovery, even as fires are not fully contained.
Protests by Fluor and CDM Smith had challenged emergency response agency bid evaluation as too subjective and objected to a single-award blanket purchase agreement.
As the 2022 hurricane season begins, cities such as Lake Charles, La., are still recovering from and repairing major damage caused by unprecedented back-to-back storms in 2020 and 2021.