American Water awarded new contract for Vandenberg Air Force Base, California
American Water Works Company announced that its Military Services Group has been awarded a contract for ownership, operation and maintenance of the water and wastewater systems at Vandenberg Air Force Base, Calif.
VOORHEES, NJ, Sept. 25, 2105 -- Today, American Water Works Company, Inc., the largest publicly traded U.S. water and wastewater utility company, announced that its Military Services Group has been awarded a contract for ownership, operation and maintenance of the water and wastewater systems at Vandenberg Air Force Base, Calif.
The Military Services Group of American Water provides water and wastewater services to military installations across the country as part of the federal government's Utilities Privatization Program. According to the agreement, the award revenue is estimated at approximately $298 million over a 50-year period. The contract will be subject to annual economic price adjustment.
"American Water is extremely pleased to be awarded this contract, and we look forward to serving the military community at Vandenberg Air Force Base," said Susan Story, president and CEO of American Water. "We will now be serving 12 installations across the country and are committed to providing our servicemen and women and their families with reliable, high-quality water and wastewater services for the next five decades and beyond."
American Water's Military Services Group, which is reported as part of American Water's Market-Based operations segment, also operates and maintains the water and/or wastewater assets at Fort A.P. Hill, Va.; Fort Sill, Okla.; Fort Leavenworth, Kan.; Scott Air Force Base, Ill.; Fort Rucker, Ala.; Fort Meade, Md.; Fort Belvoir, Va.; Fort Hood, Texas; Fort Polk, La.; Picatinny Arsenal, N.J.; and Hill Air Force Base, Utah.
About American Water
Founded in 1886, American Water is the largest publicly traded U.S. water and wastewater utility company. With headquarters in Voorhees, N.J., the company employs approximately 6,400 dedicated professionals who provide drinking water, wastewater and other related services to an estimated 15 million people in more than 45 states and parts of Canada. For more information, visit www.amwater.com.