secwatch.observer — SEC 8-K summary
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Issuer:     Consolidated Water Co. Ltd. (CWCO)
CIK:        0000928340
Form:       8-K
Filed at:   2022-05-17T23:59:59+00:00
Accession:  0001558370-22-009129
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Consolidated Water subsidiary signs $82M wastewater plant contract in Arizona
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- PERC Water Corp. to build 4 MGD (expandable to 8 MGD) membrane bioreactor plant in Goodyear, AZ.
- Project fee of $82M paid via monthly progress payments; construction to take ~26 months.
- Early completion bonus up to $600K ($10K/day, max 60 days); liquidated damages of $10K/day for delay.
- Plant will serve Liberty Utilities' growing service territory, offsetting potable water use with reclaimed water.
- PERC assumes risk of price increases for materials, equipment, and labor; performance/payment bonds required.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/928340/000155837022009129/0001558370-22-009129-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/928340/000155837022009129/cwco-20220512x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-009129

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