💧 Water and Power · St. John, VI
WAPA board approved contract changes, bond notes and fiscal 2023 budgets at June 30 meeting
Official document: https://www.viwapa.vi/docs/default-source/news-(docs)/june-30th-board-meeting-results.pdf?sfvrsn=7b4d236e_2
The Virgin Islands Water and Power Authority’s governing board approved a series of contract actions, financing measures and budget items at its regular meeting on June 30, 2022, according to a July 4 summary released by the utility.
The board approved a 60-day no-cost extension for contract SC-16-20 with Haugland Energy for pad-mounted switchgear procurement and commissioning, moving the project completion date to August 31, 2022.
It also adopted the authority’s 13th supplemental bond resolution, authorizing up to $42 million in bond anticipation notes to refinance the 2020A notes. The board authorized WAPA officials to execute documents tied to that financing.
The board authorized release of WAPA’s fiscal year 2020 audited financial statements for the electric and water systems and approved the authority’s fiscal year 2023 budgets for both systems.
Among contract actions, the board approved $400,000 in additional funding for Arcadis MSA for air compliance consulting and engineering services, and approved a cost increase of up to $622,896 and a two-year extension through June 30, 2024, for Teledyne’s continuous emissions monitoring system maintenance contract.
The board also authorized Executive Director to contract with West Peak Energy for third-party project management services for installation of new RICE units and a battery energy storage system at the Randolph Harley Power Plant. WAPA said the contract was funded through the U.S. Department of Housing and Urban Development via the Virgin Islands Housing Finance Authority at a cost of $4,113,544.
For the Cruz Bay Underground Project, Feeder 7E, the board approved a contract amendment adding $241,805.22 and 176 days for cemetery remediation and additional archaeological work tied to FEMA environmental and historic preservation requirements. WAPA said human remains were encountered during excavation in the Gallows Point area.
The board also approved an amendment to contract SC-23-21 with Haugland Virgin Islands to add electrical testing services costing $128,884 and extend the contract by 137 days.
In another contract action, the board approved an addendum for SC-08-22 with On-Site Environmental to revise payment terms, reduce the net contract price to $369,906.25 and extend the contract term to August 15, 2022.