Long Range Planning Committee Report

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…

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…

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…

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…

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…

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…

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…

The Long Range Planning Committee (LRPC) efforts continue to focus on MC Engineering (MCE) Amendment 6 and Asset Management Plan approvals and implementation. Over the past month, through multiple communications and additional data received from MCE, the LRPC obtained the details required to make informed recommendations to the board at our March 14th Meeting. Amendment…

Over the past month, the continuing emphasis of the Long Range Planning Committee (LRPC) has been to finalize the Asset Management Plan and Amendment 6 submittals from MC Engineering. There have been several additional discussions to ensure that the content is complete and accurate. This has resulted in further revisions to both documents received in…

Well, we are finally approaching the completion of our USDA contract, with Closeout estimated to occur on January 15, 2021. To give some perspective on the time and commitment this took, the USDA loan was approved December 27, 2016, Engineering & Design started in June 2017 and Construction in September 2018. In the end, a…