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Results Chart for Delivery Method and Financing
Background informationProject Created: February 14, 2011
Racine Submerged Membrane Filtration Project
Year in Operation:
Water & Waste
The project involved designing and construction a membrane filter product to clean and filter water to a high level of filtration in accordance with EPA standards and regulations for surface water treatment plants.
Delivery Method as described in the country where it's located:
Design Bid Build
Is the project still active:
100 Hubbard Street
United States of America
Souces of Project Support (Non-monetary)
No sources of support selected!
Souces of Project Support (Monetary)
From Public (Government) Sources to Producers: The City of Racine was the Public Sponsor for the Project
Credit Enhancements: The project was funded through a combination of normal revenue bond financing with a 20 year note to pay back along with Safe Drinking Water loan funds and a State Revolving Fund loan funneled through the State by federal program to provide a subsidized interest rate to lower the cost of borrowing.
Project Delivery & Finance Method
All Public Finance. Public Sponsor contracts for initial design, and separately contracts for initial construction. Public Owner operates and maintains the resulting facility.
Construction Manager At Risk Variants: Public Sponsor contracts with Construction Contractor after Design is Complete.
Term for Key Components & Forms of Contract
Initial Design and Construction
Project Value (If and As Known)
Date of Estimated Project Value: February 14, 2011
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