Project Details

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Results Chart for Delivery Method and Financing

Delivery Method

DBOM All Public Finance
# of Projects: 1
100% of the Results

Background informationProject Created: March 7, 2011

Project Name: East Providence Wastewater Treatment Plant
Year in Operation:
Sector: Water & Waste
Subsector: Wastewater
Status: Design / Construction
Type: Substantial Alteration of Existing Facility
Description: The City of East Providence, RI signed a 10-year Design-Build-Operate contract with United Water to implement $52.5 million worth of infrastructure and upgrades to the city's wastewater collection and treatment facilities. United Water is to begin operating the plant and system immediately.
Delivery Method as described in the country where it's located: Design Build Operate
Is the project still active: Yes
Comments:

Project Locations

Address: 1 Service Road
City: Providence
State: Rhode Island
Country: United States of America

Souces of Project Support (Non-monetary)

Checkbox Checked Land: The city of East Providence already owns the land on which the upgrades are being carried out.

Souces of Project Support (Monetary)

Checkbox Checked

From Public (Government) Sources to Producers: The public sponsors for the project are the cities of East Providence and Barrington in RI

Arrow Right
Checkbox Checked

Credit Enhancements: $10 Million (20%) funded with ARRA Capitalization Grant with $1.5 million principal forgiveness, interest rate of 2.5% over 20 years. $28 Million (55%) funded with RICWF loans at 4.5% interest over 20 years. $13 million (25%) funded with municipal bonds at 7% interest over 30 years (wrap around).

Arrow Right
Checkbox Checked

From Other Public Entities: The city of Barrington RI will pay its share, roughly 20% of the operations and maintenance and plant improvements costs

Project Delivery & Finance Method

Project Delivery:
All Public Finance. Public Sponsor contracts for initial design, and separately contracts for initial construction. Public Owner operates and maintains the resulting facility.
Is there an independant checking engineer? Yes
Project Finance Method: All By Public Sponsor

Procurement Approach

Project Component
Qualifications
Based Selection
Request for
Qualifications
Request for
Proposals
Invitation
for Bids
Unsolicited
Proposals

Term for Key Components & Forms of Contract

Project Component
Years
Quarters
Combined Term: Initial Design, Construction, O&M Period
11
2
Forms
Description
 
 

Project Value (If and As Known)

Date of Estimated Project Value: March 7, 2011
Project Value
Hard Cost
Hard & Soft Costs
Construction
< $100 Million US
(none)
Operations & Maintenance
< $200 Million US
(none)
Total
< $200 Million US
(none)

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