Consolidated Water's PERC Water wins $39.8M design-build contract for Central Coast Blue facility

Consolidated Water Co. Ltd.

$39.8 million fixed-price design-build agreement with City of Pismo Beach, California, awarded via two-step competitive procurement process
Project: 500 acre-feet/year initial capacity, expandable to 750; ultrafiltration, reverse osmosis, UV advanced oxidation at Grover Beach, CA
Substantial Completion due September 17, 2028 (703 days); liquidated damages $2,500/day, capped at 5% of contract (~$2.0M)
PERC aggregate liability capped at $14.0M; performance and payment bonds at 100% of contract price, warranty bond 10%
Press release dated October 12, 2026; CEO Rick McTaggart cited advanced water-treatment capabilities; construction expected spring 2027

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