The company awarded the $22 million controversial contract to build and operate the Blue Hills reverse osmosis plant, last year, paid $313,408 in penalty fines after it failed to meet the terms of its existing contract with the Water & Sewerage Corporation.
In its form 10-K filed with the Securities and Exchange Commission (SEC), Consolidated Water said “various equipment failures and operational problems” at its Windsor reverse osmosis plant prevented its Waterfields Company from supplying the minimum stipulated amount of water to the Water & Sewerage Corporation.
Consolidated Water attributed much of the problems at the Windsor plant to “some fouling of membrane elements”, which had limited water production.
In addition, the company also “incurred penalties for not meeting the diesel fuel and electricity efficiencies specified in our water sale agreement. These penalties totalled $313,408 in 2004”.
Nassau residents are still waiting for the Harrold Road construction project to be completed after the original contractor went bankrupt several years ago.
Source: The Tribune