The Bureau of Reclamation announced today ongoing congressionally mandated contract conversions pursuant to the Water Infrastructure Improvements for the Nation Act (WIIN Act). Today’s release includes 13 draft repayment contract assignments from the Shasta, Trinity and Sacramento River Divisions for a 60-day public comment period. These are 13 of over 86 repayment contract conversions requested by federal Central Valley Project contractors.
Reclamation plans to release an additional 15 draft repayment contracts with north-of-delta contractors for public review in 2020. Reclamation will continue to release more draft repayment contracts throughout the year. Section 4011 of the WIIN Act directs Reclamation to convert water service contracts to repayment contracts upon a contractor’s request and authorizes prepayment of outstanding CVP construction costs. Under Section 4011, full repayment is due within three years of the contract conversion.
Both the prepayment and accelerated repayment of the contracts will result in the federal government being repaid well in advance of the original repayment deadline. These dollars will be placed in a congressionally created storage account to fund much-needed storage projects. Increasing storage capacity will allow Reclamation’s projects to capture additional water in wet years to help meet the water needs for all project purposes in dry years.
Written comments on this set of contracts must be received by close of business on Monday, May 4, 2020, and sent to Jacob Berens, Northern California Area Office, Bureau of Reclamation, 1140 W. Wood Street, Willows, California 95988; or faxed to 530-934-7679; or emailed to firstname.lastname@example.org.
Check the following links to learn more about WIIN Act CVP contract conversions: