DBEDT, HHFDC navigate a smooth transition following SMS collapse

The State Department of Business, Economic Development and Tourism (DBEDT) and the Hawai‘i Housing Finance & Development Corporation (HHFDC) have recently confirmed that the state contracts previously held by SMS Research & Marketing Services, which recently shut down operations, have been transferred to other entities.

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SMS Vanishes: State Contracts in Limbo

So the question now becomes more focused as to the current situation at hand, that a company with a large value, and with their work with Maui and the Lahaina wildfire, high profile studies, that in the matter of a few days, the company has shuttered its doors?

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