American Water Services, Inc. Awarded Contract for Ft. Bragg.Business Editors VOORHEES, N.J.--(BUSINESS WIRE)--Oct. 11, 2000 American Water Services, Inc. (AWS AWS Amazon Web Services AWS American Welding Society AWS Advanced Warning System AWS Advanced Wireless Services AWS Automatic Weather Station AWS Alien Workshop (skateboard company) AWS Austria Wirtschaftsservice GmbH ) President Jorge Carrasco announced today that the United States Department of Defense has awarded AWS a contract for the assessment of the privatization of utilities at Fort Bragg, North Carolina
Fort Bragg is a major United States Army installation, in Cumberland and Hoke Counties, North Carolina, U.S. . The contract covers an evaluation phase that will result in the eventual acquisition, operation, and maintenance of the water, wastewater and gas utilities at the Army base in Fayetteville, North Carolina Fayetteville is a city located in Cumberland County, North Carolina. As of the 2000 census, the city had a total population of 121,015. It is the county seat of Cumberland County GR6, and is best known as the home of Fort Bragg, a U.S. . AWS will subcontract operation and management of the gas utilities to Duke Engineering & Services, a subsidiary of Duke Energy of Charlotte, North Carolina “Charlotte” redirects here. For other uses, see Charlotte (disambiguation). Charlotte is the largest city in the state of North Carolina and the 20th largest city in the United States. . Following the evaluation phase, the acquisition and operating contract is expected to be awarded early next year. It will be a 50-year contract with estimated annual revenues to AWS of approximately $4.0 million ($2.5 million in annual revenue related to water and sewer), or $200 million over the expected life of the contract ($125 million related to water and sewer). Fort Bragg, with a population of 50,000, is the largest staging facility for the deployment of Army troops in the country. "We are delighted that the Department of Defense has given us the go-ahead to further evaluate the requirements and cost of operating Fort Bragg's water, wastewater and gas operations. American Water Services is well qualified to handle this assessment. We are confident that at the conclusion of our assessment, we will be selected to move ahead with the acquisition and operation of these facilities," said Mr. Carrasco. A wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of American Water Works Company, Inc. (NYSE NYSE See: New York Stock Exchange :AWK (Aho Weinberger Kernighan) A Unix programming utility developed in 1977 by Alfred Aho, Peter Weinberger and Brian Kernighan. Due to its unique pattern-matching syntax, awk is often used in data retrieval and data transformation. ), American Water Services, Inc. is the seventh largest contract operations firm in the United States, managing and operating 175 water and wastewater facilities in seven states, with a significant presence in Pennsylvania. The company's core services include full contract operations, management of water and wastewater utility systems, long-term leasing, and commercial services for those customers not ready to contract their entire operations. For more information, contact Lori N. Doyle, American Water Works Company Vice President, External Affairs at 856/566-4026. |
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