Veolia Inks $122M Deal to Manage NOLA Wastewater Treatment
The 10-year agreement is valued at $122 million over the contract term and covers a combined treatment capacity of nearly 150 million gallons per day (MGD), in addition to support for capital improvements, hurricane recovery, septage receiving and biosolids disposal.
Veolia North America has provided services to the S&WB since 1992, and the public-private partnership remains one of the largest in the United States. The S&WB and Veolia have been consistently recognized for their outstanding compliance record with State and EPA regulations and recently won a Gold award from the National Association of Clean Water Agencies for perfect environmental compliance.
Veolia has worked with the S&WB to generate more than $35 million in overall savings for residents.
As part of a competitive renewal process, the S&WB increased its target level for supporting Economically Disadvantaged Businesses from 20 percent to 30 percent.Â In the renewed partnership, 30 percent of revenues through the partnership will be conducted by Veoliaâs local economically disadvantaged business partners.
Last year Veolia, working with the District of Columbia Water & Sewer Authority, said it expected to help the authority find $8 million to $12 million in annual savings and said it sees âa lot of prospectsâ to help large US cities optimize their water management.
The company also has a deal with New York that could eventually save more than $100 million per year, and one with Pittsburg. The deal with DC Water is worth $1.2 million over 18 months.
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