NJ I-Bank Project of the Week: Tuckerton Borough receives $1,762,915 in Water Bank loans saving ratepayers approximately $672,835.

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

Tuckerton Borough recently completed wastewater improvements that are being financed with approximately $1,762,915 in loans from the NJ Water Bank, a low-rate funding program jointly administered by the DEP and the NJ I-Bank. Including interest cost savings, total savings for this project is estimated to be $672,835 over the 30-year term of the loan or 38% of the total project cost. In addition, this project created an estimated 20 direct, one-year construction jobs. 

This project addressed deteriorating sewer main piping along Kingfisher, Curlew and Bass Roads that allowed leaks and infiltration. The older sewer pipes were primarily composed of asbestos cement and, over time, began to break down. The project replaced approximately 4,080 linear feet of deteriorated pipe, 4,300 linear feet of service laterals and cleanouts, and 15 manholes. It also installed 155 new meters and meter pits. 

These improvements will decrease the frequency of sewer flows infiltrating the conveyance system and eliminate potential groundwater and surface water contamination. In addition, new water meters will help conserve water.

Susan R. Marshall, Mayor of Tuckerton Borough said "We're glad to get those pipes fixed. As a shore community we like to eliminate leakage to prevent untreated effluent from polluting surrounding waters. Working with the Water Bank has helped us to do so and saved us money in the process. It's been a win/win situation."

This project was designed by Owen Little engineering and constructed by P&A Construction.


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

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TAGS: Project of the Week Clean Water Project NJDEP 2023