Water Company receives $24 Million in Water Bank Loans. Estimated savings to ratepayers of $11,297,019.

NJ I-Bank and NJDEP Helping to Improve New Jersey's Infrastructure, One Project at a Time

New Jersey American Water recently completed pump station improvements at their Raritan Millstone Water Treatment Plant (RMWTP) and expansion of their Sunset Road Water Treatment Plant (SRWTP) with approximately $24 million in loans from the NJ Water Bank, a joint low-rate funding program of the DEP and the NJ I-Bank. Total savings for this project are estimated to be $11.3 Million over the 30-year term of the loan or 47% of the total project cost. In addition, this project created an estimated 253 direct construction jobs.  

The improvements at the Low Lift Pumping Station (LLPS) took place at the RMWTP in Bridgewater Township. The project included the replacement of existing pumps and motors and the upgrade of the station's electrical and instrumentation systems. The project also included the expansion of the existing operator control room and related ancillary work. This project improved the efficiency and reliability of the LLPS and related operations.   

The SRWTP expansion took place in Lakewood Township and included the installation of new structures including Well House no. 17 and a building addition on the existing treatment facility. Well no.17 was constructed to provide increased capacity from 2.2 MGD to 3.9MGD to satisfy expected peak flow conditions. Upgrades to the facility's electrical equipment were also completed and will improve the efficiency and reliability of treatment facility. New low lift pumps, high service pumps and backwash pumps were also replaced. Two new pressure filters were installed and the existing three pressure filters were rehabilitated as part of the project. Upgrades to the existing chemical system were also completed and the existing building structure's roof was replaced.  

"These projects represent a critical investment for the company in support of its commitment to provide customers with safe and reliable water and wastewater services," stated Deborah Degillio, President of New Jersey American Water, "These projects help maintain compliance with the Safe Drinking Water Act, increase efficiency and improve reliability, at the lowest possible cost to our ratepayers saving almost 50% of the total project costs." 

The LLPS project was designed by Gannett Fleming and is being constructed by Allied Construction Group. The SRWTP project was designed and completed by CDM Smith and was constructed by Allied Construction. 

For more information, contact the New Jersey Infrastructure Bank at (609) 219-8600.

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