First U.S. Navy Utilities Privatization Contract in American Water History
American Water's Military Services Group celebrated a successful transition of ownership of wastewater utility system assets at Naval Station (“NS”) Mayport in Jacksonville, Fla. American Water was selected for the NS Mayport wastewater Utilities Privatization (“UP”) contract by the Defense Logistics Agency (“DLA”), which operates as the primary UP contracting agency for the Department of Defense. With the addition of NS Mayport, the Military Services Group expands its water and wastewater footprint to 18 bases.
The total contract value awarded on July 1, 2022 was approximately $341 million over a 50-year period and will be subject to an annual economic price adjustment. A celebratory ribbon cutting took place at NS Mayport on February 28, 2023 and American Water officially took ownership of the wastewater utility system assets on March 1, 2023.
2/28/23 - Action News Jax
'Make sure it's sustained:' New owner takes over Naval Station Mayport wastewater facility
Photo credit: NS Mayport Facebook
Learn more about American Water’s Military Services Group here.
With a history dating back to 1886, American Water (NYSE: AWK) is the largest and most geographically diverse U.S. publicly traded water and wastewater utility company. The company employs approximately 6,500 dedicated professionals who provide regulated and regulated-like drinking water and wastewater services to an estimated 14 million people in 24 states. American Water provides safe, clean, affordable, and reliable water services to our customers to help keep their lives flowing.