Corvias Solutions has entered into a Clean Water Partnership (P3) with Prince George’s County, Maryland at an estimated $100million cost.
Corvias partners with public sector institutions to manage their environmental, energy and infrastructure challenges.
This revolutionary, community based partnership addresses environmental regulatory requirements for storm water management.
Prince George’s County is pioneering for the next evolution of the P3 as a cost effective solution for meeting the regulatory requirements under the Federal Chesapeake Bay Total Maximum Daily Load (TMDL), said, Tad Davis, managing director, Corvias Solutions.
Corvias can tackle Prince George’s County’s storm water challenges in a way that traditional companies can’t. This P3 model will help redefine how storm water challenges are addressed across this country, he added.
Both the private and public sectors have strengths that can be leveraged for the common good. Through this partnership, clean water requirements can be met with more speed, more jobs and more savings, while establishing Prince George’s as an industry center for storm water, noted, Adam Ortiz, director, Department of the Environment (DOE), Prince George’s County.
Corvias’ experience in P3s program is being applied to storm water as part of a pilot P3 program with Prince George’s County, EPA and Maryland Department of the Environment.
Moreover, it was designed to prove the P3s ability in tackling complex storm water challenges.
Under a 30-year partnership, the County will invest $100 million in the initial three years and Corvias will manage the design, construction and long-term maintenance of storm water management systems.
The program will also enhance local economic development by using local small and minority-owned businesses for at least 35 percent of the total project scope.
The EPA created the Bay TMDL to ensure that pollution control measures needed to restore the Bay and its tidal rivers are in place by 2025. Under the TMDL, practices must also be put in place to meet 60 percent of the necessary pollution reductions by 2017.
Sabeena Wahid
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