More results found.
No results match your search term, but we're constantly adding new issuers to the BondLink platform. Looking to learn more?
The Toms River Municipal Utilities Authority (TRMUA) recently completed pipe and lateral rehabilitation that is being funded with approximately $10.2 million in loans from the NJ Water Bank, a joint low-rate funding program of the NJDEP and the NJIB. Including interest cost savings, total savings for this project are estimated to be $3 million, over the 20-year term of the loan or 30% of the total project cost. In addition, this project created an estimated 122 direct construction jobs.
The project included the rehabilitation of pipes and laterals within the TRMUA collection system. Approximately 12.7 linear miles of pipe and 870 laterals were exhibiting signs of infiltration and received cured-in-place lining. The Authority's sewer line inspection program indicated that 470 manholes were degraded due to hydrogen sulfide exposure and needed repair. In addition, seven pump stations were rehabilitated and updated with emergency generators.
According to Thomas Kelaher, Mayor of Toms River, "This project reflects the TRMUA's methodical and professional dedication to provide an efficient collection system and protect the environment while saving our Town's ratepayers money over time."
This project was designed by the TRMUA in-house engineering staff, Remington Vernick & Vena, The Alaimo Group, Birdsall Engineering and T&M Associates. It was constructed by All Jersey System Electrical Contractors and Coppola Services.
Pictures courtesy of Remington Vernick & Vena Engineers