Common Contracts
1 similar Privatization Agreement contracts
WATER FUND (557) MAJOR FUNDING CHANGESPrivatization Agreement • November 18th, 2004
October 1, 2002 marked the commencement date of the water and wastewater privatization agreement with United Water Services and the City of Laredo. In this privatization agreement, several of the operating divisions within the Water Fund were transferred over to United Water Services. Among the water divisions that are now part of United Water are Utility Billing, Water Treatment Plant, Transmission and Distribution, and Water Pollution Control. The privatization agreement establishes two new divisions in the Water Fund: Utility Compliance and City Managed Employees. The Utility Compliance division is responsible for overseeing compliance with the privatization contract between United Water Services and the City of Laredo.
