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The Corporation is pleased to announce that it has executed today the following historic agreements:

Baha Mar Water & Sewerage Services Agreement

Firstly, there is a  5-year agreement commencing January 01, 2012 subject to two (2) 5-year extensions for the Corporation to provide Baha Mar with a guaranteed supply of 500,000 imperial gallons of potable water on a take or pay basis.

 
Secondly, there is a 15-year agreement commencing December 31, 2013 subject to two (2) 5-year extensions for the Corporation to provide Baha Mar with wastewater services, including commencing January 01, 2015, the receipt and treatment of a guaranteed 450,000 imperial gallons of incoming wastewater from Baha Mar and the return to Baha Mar of a guaranteed 300,000 imperial gallons per day of re-use water for irrigation purposes.

To read more about these historic agreements, download full PDf press release.