secwatch.observer — SEC 8-K summary
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Issuer:     Consolidated Water Co. Ltd. (CWCO)
CIK:        0000928340
Form:       8-K
Filed at:   2023-06-06T23:59:59+00:00
Accession:  0001558370-23-010841
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Consolidated Water enters $149.6M design-build contract for Hawaii desalination facility
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- Contract with Honolulu Board of Water Supply for design, construction, and 20-year O&M of Kalaeloa Seawater Desalination Facility.
- Design-Build Price set at $149.6M; includes $11.5M development fee paid upon milestones.
- Water delivery guarantee of 1.7 million gallons per day (range 1.615-1.785 MGD) with liquidated damages for shortfalls.
- Parent company CWCO guarantees subsidiary's obligations under a separate guaranty agreement dated June 2, 2023.
- Contract may be renewed for two additional 5-year terms at BWS's option.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/928340/000155837023010841/0001558370-23-010841-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/928340/000155837023010841/cwco-20230602x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-010841

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