Contract #169A Rehabilitation Cleaning of Major Interceptors IBank Letter

Description

Construction of upgrades and improvements to the Two Rivers Water Reclamation Authority Rehabilitation & Cleaning of Major Interceptors within Little Silver & Oceanport NJ. $2,537,300.00 were financed by the New Jersey Water Bank (NJWB). The NJWB is a State Revolving Fund program jointly administered by the New Jersey Department of Environmental Protection (DEP) and the New Jersey Infrastructure Bank (NJIB) and uses a combination of funds provided by the United States Environmental Protection Agency, the DEP, and the NJIB to provide very low interest loans to borrowers for environmental infrastructure projects. This project will provide water quality benefits to the Authority’s ability to convey wastewater and maintain treatment efficiency to continue protecting the environment for residents and businesses in Two Rivers regional area. State Revolving Fund programs around the nation provide states and communities the resources necessary to maintain and improve the infrastructure protecting our valuable water resources nationwide.