The Promise of Desalination in Texas Webcast Presented by: Texas Bar CLE January 2014 Speakers: Representative Bill Callegari , Eric S. Petersen , New York, NY Houston State Representative, Hawkins Delafield & Wood LLP District 132 Ms. Mary Kathryn Sahs , Austin Mr. Phil Steven Kosub , San Antonio Sahs & Associates, PC San Antonio Water System http://www.texasbarcle.com/materials/Programs/2914/WebCastInfo.htm#description
Brackish Groundwater Desalination Plant Interior
Brackish Groundwater Production Well
Brackish groundwater reverse osmosis membrane
Brackish membrane groundwater treatment depiction
DBFOM (P3) Contract Structure Governmental Owner Equity Equity Investor Project Service return Agreement Fee Construction Equity Contract investment DB Contractor Special Purpose Vehicle Security Principal Package and interest O&M Security Facilities Package Debt Contract finance Bank/Bonds O&M Contractor 7
DBFOM (P3) Payment Structure Under a DBFOM structure, the governmental owner makes an annual Service Fee payment to the Project Company consisting of: 1. A Capital Charge: a. An amount equal to actual debt service on the Project Company’s debt (based on a design-build price competitively proposed and bonds competitively underwritten) b. An equity return amount (competitively proposed) 2. Operations and Maintenance Charges (competitively proposed) Service Fee payment is performance based: 1. No payment until the plant has passed acceptance tests 2. Deductions for non-performance (including for water quality and availability) 3. Long Term guaranteed performance 4. Equity fully at risk in a project performance default
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