Contact: Michael Globetti, DNREC Public Affairs, 302-739-9902.
DNREC accepting applications for Wastewater Asset
Management Incentive Program, with proposals due by Nov. 9
DOVER (Sept. 29, 2015) – DNREC’s Environmental Finance is accepting asset management proposals from county and municipal governments for the Wastewater Asset Management Incentive Program. Applications must be received by 4:30 p.m. Nov. 9.
Wastewater Asset Management Incentive Program participants can receive funding to develop and implement asset management plans for their facilities. To receive the financial incentives municipal governments must sign a five-year agreement with DNREC, which requires the development and implementation of a system-wide asset management plans for wastewater utilities. The plan must be consistent with Delaware’s Framework for Asset Management: 1) Current state of assets, 2) Level of service, 3) Critical assets, 4) Minimum lifecycle cost, and 5) Long-term funding plan.
Financial incentives for the program include the following:
· Up to $100,000 no-match-required grant per municipality to develop and implement a wastewater asset management program.
· Clean Water State Revolving Fund (CWSRF) loan interest rebates – Up to one-half of the interest paid on new SRF loans will be rebated for up to five years after completion of projects (from loan amortization start dates).
The program is funded from the non-federal administrative accounts for the CWSRF program. Submittals will be reviewed and recommended for funding by the Delaware Water Infrastructure Advisory Council through a first-come, first-served based on receipt of an approved application meeting all of the requirements.
Asset Management Plan guidelines and the application can be found on the Environmental Finance website.
Applications must be submitted by email to Greg Pope, DNREC Environmental Finance (Proposals submitted by email must be no larger than 10MB). For more information on Wastewater Asset Management Incentive Program, please email or phone Greg Pope at 302-739-9941.
Vol. 45, No. 329