American States Water Company Wins 50-Year Contract to Provide Water, Wastewater Services at Fort Riley
American States Water Company’s contracted services subsidiary, American States Utility Services, Inc., has been awarded a 50-year contract by the U.S. government to operate, maintain, and provide construction management services for the water distribution, wastewater collection, and treatment facilities at Fort Riley, a United States Army installation located in Kansas. The value of the contract is estimated at approximately $601 million over a 50-year period and is subject to annual economic price adjustment. Under the contract, there is a 9-month transition period to ensure seamless operations are established and inventory assets are fully accounted for in the contract.
“We are very pleased to have been awarded another significant 50-year contract, which confirms our strong relationship with the U.S. government and their continued confidence in our expertise and experience in managing water and wastewater systems on military bases,” said Robert J. Sprowls, President and CEO of American States Water Company. “This win marks another important milestone in the growth strategy of our contracted services business and we are well positioned to continue competing for new contracts in the future.”
With the addition of Fort Riley, American States Utility Services is now responsible for providing water and wastewater utility services at eleven military bases located within eight states.
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