SOUTH MONMOUTH REGIONAL SEWERAGE AUTHORITY (SMRSA) RECEIVES $2,783,601 IN NJ WATER BANK LOANS

Estimated Savings to ratepayers of $1,160,169

NJIB and NJDEP Helping to Improve New Jersey's Water Quality, One Project at a Time

The South Monmouth Regional Sewerage Authority (SMRSA) recently completed a pump station replacement that is being funded with approximately $2.8 million in loans from the NJ Water Bank, a joint low-rate funding program of the DEP and the NJIB. This project qualified for principal forgiveness totaling $528,884 as it addressed damage from Superstorm Sandy and improved resilience for future storms. Including interest cost savings, total savings for this project is estimated to be $1.2 million over the 20-year term of the loan or 36% of the total project cost. In addition, this project created an estimated 34 direct construction jobs.  


The project included replacement of the Belmar Pump Station located in a mobile enclosure (trailer) (see photo above). The mobile trailer houses the pump station's main electrical components and emergency generator and is located at the site of the original Belmar Pump Station. In the event of a forecasted storm or flood event, the mobile unit can be temporarily disconnected from the pump station and relocated to higher ground. A temporary diesel driven pump will be left in its place until the storm event subsides. 


According to Ryan Krause, the Executive Director of SMRSA, "Our facility is the proud recipient of a 2014 Governor's Environmental Excellence Award and we take great pride in our role as a cutting edge member of the industry.  This is reflected through numerous research and development projects targeted at protecting and preserving the area's vital environment along NJ's Atlantic coastline for current and future generations. This project is an example of our dedication to serve our customers with State-of-the-art, innovative equipment, protect the environment, and minimize the cost of doing so." 


This project was  designed by T&M Associates, managed by in-house Engineers at SMRSA and constructed by Allied Construction Group. 
 

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

Like us on Facebook and connect with us on LinkedIn.

MENU
NJEIT
NEW JERSEY ENVIRONMENTAL INFRASTRUCTURE TRUST