Milestones

Milestones in Wholesale Customers’ Relationship with the Regional Water System

 

1. SFPUC’s  Adoption of Capital Improvement Program to Meet State Requirements


On March 1, 2003, the San Francisco Public Utilities Commission first adopted the Capital Improvement Program (CIP), later called the Water System Improvement Program (WSIP) to meet the State law requirements due to passage of AB 1823 the prior year.  


2. New Water Supply Agreement Negotiated by BAWSCA and Signed by San Francisco and its Wholesale Customers


In 2009, San Francisco and its Wholesale Customers adopted the Water Supply Agreement (WSA), which provides that both San Francisco and its wholecustomers hare a commitment to the Regional Water System providing a reliable supply of high quality water at a fair price and achieving these goals in an environmentally sustainable e manner.  The Agreement has a 25 year life and can be extended for two subsequent five year terms if desired.


3. BAWSCA Prepares First Ever Regional Planning Effort - The Long-Term Reliable Water Supply Strategy, Finalized in 2015, and in 2025 initiates an update of the Strategy


BAWSCA’s water management objective is to ensure that a reliable, high-quality supply of water is available where and when people within the BAWSCA member agency service area need it. The purpose of the Long Term Reliable Water Supply Strategy (Strategy), finalized in 2015, was to quantify the water supply reliability needs of the BAWSCA member agencies through 2040, identify the water supply management projects that could be developed to meet those regional water reliability needs, and develop an implementation plan for the Strategy. In 2025, work began to update the Strategy and extend its planning horizon through 2050.  Successful implementation of the Strategy continues to be seen as essential to ensuring that there will be reliable water supplies for the BAWSCA member agencies and their customers in the future.


4. BAWSCA Saves Water Customers over $89.4 Million


In 2013, BAWSCA issued revenue bonds to prepay $356.1 million in remaining capital cost owed by its member agencies to San Francisco.  In 2023, BAWSCA refunded the 2013A bonds based on a tax-exempt forward delivery. The combined net present value savings from the refunding, along wih the savings from the original 2013 bond transaction and the payment program, will generate approximately $89.4 over the term of the bonds, or about 25% of the outstanding debt expected to be prepaid.  These savings are a direct benefit to water customers. 


5. BAWSCA Agencies and San Francisco have periodically prepared and adopted Amendments to the Water Supply Agreement that serves to define and document the role that SFPUC has as the water retailer and that BAWSCA agencies have as wholesale customers


BAWSCA agencies and San Francisco have mutually adopted several amendments to the Water Supply Agreement.  Amendments were designed to provide greater clarity as to the roles, responsibilities and requirements of the SFPUC and the BAWSCA agencies as the water retailer and water wholesalers respectively. 

 

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