{"id":28203,"date":"2012-11-16T08:33:09","date_gmt":"2012-11-16T13:33:09","guid":{"rendered":"http:\/\/www.bahamasb2b.com\/news\/?p=28203"},"modified":"2012-11-16T08:34:55","modified_gmt":"2012-11-16T13:34:55","slug":"water-and-sewerage-unable-to-meet-western-np-demand","status":"publish","type":"post","link":"https:\/\/www.bahamasb2b.com\/news\/2012\/11\/water-and-sewerage-unable-to-meet-western-np-demand","title":{"rendered":"Water Corp Unable To Meet Western NP Demand"},"content":{"rendered":"

\"\"The Water & Sewerage Corporation would incur further losses if it attempted to supply western New Providence, its immediate past president telling Tribune Business the utility \u201cjust doesn\u2019t have the capacity\u201d to meet that extra demand.<\/p>\n

Wading into the ongoing controversy over the current Government\u2019s decision to axe the 25-year water supply franchise agreement that the former Ingraham administration signed on election day with New Providence Development Company (NPDevCo), Anton Saunders said the Corporation was unable to meet even existing customer demand.<\/p>\n

And, given that the Water & Sewerage Corporation\u2019s water losses (non-revenue water) were running around 55 per cent, the former chairman said attempting to supply western New Providence itself would merely increase the problem.<\/p>\n

Mr Saunders said the Christie administration had taken a \u201csilly\u201d decision to \u201crecreate the wheel\u201d, adding that the May 7, 2012, agreement with NPDevCo was a true contract that was properly signed-off.<\/p>\n

He added that the franchise deal was no threat to the Water & Sewerage Corporation\u2019s financial position, and the $1.50 per 1,000 gallons royalty fee it was due to receive would boost – not cut – the state-owned utility\u2019s profitability.<\/p>\n

Pointing out that NPDevCo had supplied areas such as Lyford Cay and Old Fort Bay for years, and that the exclusive 25-year franchise was just formalising that arrangement, Mr Saunders said the company\u2019s subsequent joint venture deal with BISX-listed Consolidated Water did not require government intervention.<\/p>\n","protected":false},"excerpt":{"rendered":"

\u201cThe Water & Sewerage Corporation doesn\u2019t have enough water to provide every customer in the Bahamas with water,\u201d said immediate past president Anton Saunders.<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10223285771444175_51037792744":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[12],"tags":[442,211],"class_list":["post-28203","post","type-post","status-publish","format-standard","hentry","category-headlines","tag-water","tag-water-sewerage"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/28203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=28203"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/28203\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=28203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=28203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=28203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}