FRESNO, Calif. - The Bureau of Reclamation announced today a teleconference- negotiation session with designated Central Valley Project Friant and Delta contractors for a water service contract conversion.
The date and time of the teleconference-only negotiations are as follows:
Oct. 27, 2020, from 9:30 a.m. to 5 p.m. PDT
Call 1-877-932-2131 and, when prompted, use participant passcode 4896209#.
The public is welcome to listen to the negotiations and make comments afterwards.
Section 4011 of the WIIN Act directs Reclamation to convert water service contracts to repayment contracts upon a contractor’s request and authorizes prepayment of outstanding CVP construction costs. Under Section 4011, full repayment is due within three years of the contract conversion.
Both the prepayment and accelerated repayment of the contract will result in the federal government being repaid well in advance of the original repayment deadline. These dollars will be placed in an account to fund much-needed storage projects. Increasing storage capacity will allow Reclamation’s projects to capture additional water in wet years to help meet the water needs for project purposes in dry years.
Check the following links to learn more about WIIN Act CVP contract conversions:
* All negotiated contracts are available at: https://www.usbr.gov/mp/wiin-act/negotiated-conversion-contracts.html.
* The entire list of contract conversion requests can be viewed here: https://www.usbr.gov/mp/wiin-act/docs/the-wiin-act-9d-conversion-tracker.xlsx.
* View contract and WIIN Act information at: https://www.usbr.gov/mp/wiin-act/.
Contact Erma Leal for more information at eleal@usbr.gov or 559-262-0350 or (TTY 800-877-8339).
Source: Bureau of Reclamation
