Long Range Planning Committee Report

ANNUAL REPORT: LRPC ANNUAL Report

LRPC September 2021

There have been no significant updates over the past month to the majority of on-going LRPC focus areas. We continue to work with BLSMWC management and staff to obtain firm cost estimates on potential liabilities against our reserves budget, as well as updates to the Asset Management Plan database and fixed versus variable costs. Much…

LRPC August 2021

There have been no significant updates over the past month to the majority of on‐going LRPC focus areas. We continue to work with BLSMWC management and staff to obtain firm cost estimates on potential liabilities against our reserves budget, as well as updates to the Asset Management Plan database and fixed versus variable costs. Much…

LRPC July 2021

At the risk of sounding like a broken record, the on‐going focus throughout this year will continue to be (1) managing our reserves budget against liabilities; (2) updating our multi‐year cash flow analysis; (3) updating our Asset Management Plan database to ensure the estimated long term asset replacement costs remain accurate; and (4) analyzing water…

LRPC June 2021

As we progress through 2021, the LRPC primary focus will be on both short‐term and long‐term financial planning and management to ensure we maintain our currently strong financial position. Looking forward, there are factors that we must take into account that will make this a challenging task, including developing plans to cope with another potential…

LRPC May 2021

As we progress through 2021, the LRPC primary focus will be on both short-term and long-term financial planning and management to ensure we maintain our currently strong financial position. Looking forward, there are factors that we must take into account that will make this a challenging task, including developing plans to cope with another potential…

LRPC April 2021

As mentioned in last month’s Bubbler, expenses we covered during the USDA Project construction resulted in a reimbursement at close of $1.921M. This allowed for internal BLSMWC distributions of $802K to a Restricted Reserves Fund, $546K to a Capital Asset Reserve Fund and $574K back into our Operating Account to offset a portion of our…

LRPC March 2021

The USDA Project is officially complete! Project construction was completed mid‐January and the final closing/recording date of our USDA loan occurred on January 20th. In the final USDA total allocation of $12.226M, the cost breakdown was 74% for construction, 18% for engineering and construction management, 5% to cover BLSMWC purchased parts including all the new…

LRPC December 2020

Over the past couple months the primary focus has been on-going close coordination with MC Engineering on managing the USDA Project completion and closeout as effectively as possible to reduce further schedule delays and/or cost impacts. Based on weather delays, construction manpower issues and multiple attempts to get the new pump station working properly, the…

LRPC October 2020

Over the past couple months, LRPC efforts have focused on the remaining USDA Project scope and continuing the development of Asset Management Plan funding options. The LRPC has been working with MC Engineering to complete fact-finding and negotiation of their proposed Amendment 7. Based on construction weather delays from this past winter and previous new…

LRPC May/June 2020

As we approach the completion of the USDA construction project, the Long Range Planning Committee (LRPC) continues to keep a close eye on our approved funding versus total estimated costs.  Based on our latest estimates, with all potential change orders included, there is adequate funding remaining to add 3‐4 high priority new scope tasks (pending USDA…
Menu