Azurix America awarded
London, Ontario water contract
 

September 25, 2001 

hamilton, ON – Azurix North America announced that it has been awarded a 10-year contract to operate and maintain the Lake Huron and Elgin Area Primary Water Supply Systems. 

 These water supply systems serve the municipalities of London, St. Thomas, Lambton Shores, South Huron, Bluewater, North Middlesex, Middlesex Centre, Southwold, Central Elgin, Malahide, Aylmer and Bayham. 

 The contract was awarded by the Board of Management for each system after a competitive bid process that involved four short-listed companies. 

Azurix North America’s winning bid is priced at $71.2 million Cdn ($47.5 million US) over the length of the contract.  This represents a savings to the communities served of approximately $1 million per year.  The contract has an option for an additional five years.

 “We are very excited about this contract award and look forward to operating the Lake Huron and Elgin Area water supply systems," said John Stokes, president and CEO of Azurix North America.  "As a Hamilton-based company, it is especially meaningful for us to have the opportunity to serve these communities in southwestern Ontario.”

 The contract was awarded based on an evaluation of the proponents’ technical, management and financial proposals.  Key criteria included demonstrated ability to exceed Ontario Drinking Water Standards, minimize environmental impact, maintain continuity of service, protect the systems’ assets and provide the best value for service.

 Azurix will take over operations on January 1, 2002, from the incumbent operator, Ontario Clean Water Agency, a Crown corporation.  As operator of the systems, Azurix North America will be responsible for the delivery of safe drinking water to a population of approximately 420,000.

 With the addition of this contract, Azurix North America operates four of the six largest outsourced water supply systems in Canada and the United States.  The company operates more than 30 water or wastewater systems in Ontario and a total of more than 1,000 facilities in Canada and the United States.

 Azurix North America (www.azurixna.com) provides a full range of water and wastewater services, including operations and maintenance, engineering, carbon regeneration, underground infrastructure rehabilitation and biosolids management, to municipal, industrial and private customers throughout North America.

 Media Contact:

Mark Hudson
Azurix North America
905-521-4620
mhudson@azurix.com