Bayonne's P3 Concession Model: Effective Water System Management and Investment

Key Takeaways Combining operational expertise with a consistent infusion of capital investment creates a more efficient, resilient, and environmentally sound water system. In New Jersey, the operational savings provided by Bayonne's public–private partnership concession model have offset rising...

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Bibliographic Details
Published in:Journal - American Water Works Association 2023-12, Vol.115 (10), p.34-43
Main Authors: Correll, Donald, Joyner, John E., Sugarman, Daniel
Format: Article
Language:English
Subjects:
Capital costs
Careers
Cost Savings
Costs
Environment
Modeling
Partnerships
Professional development
Public private partnerships
Sustainable development
Utility Management
Water Systems
Water utilities
Working conditions
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Summary:Key Takeaways Combining operational expertise with a consistent infusion of capital investment creates a more efficient, resilient, and environmentally sound water system. In New Jersey, the operational savings provided by Bayonne's public–private partnership concession model have offset rising capital costs and have helped keep rate increases low. The concession model offers former municipal employees more professional development, enhanced career opportunities, and a safer working environment.
ISSN:0003-150X
1551-8833
DOI:10.1002/awwa.2197