secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN STATES WATER CO (AWR)
CIK:        0001056903
Form:       8-K
Filed at:   2023-08-17T23:59:59+00:00
Accession:  0001628280-23-029754
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AWR subsidiary wins $349M, 50-year Navy water/wastewater contract at NAS Patuxent River
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- American States Utility Services awarded 50-year contract by U.S. government for water/wastewater services at Naval Air Station Patuxent River.
- Initial contract value estimated at ~$349 million, subject to annual economic price adjustments.
- Opportunity for additional revenue from new construction projects via contract modifications.
- 6-month transition period before full operations begin; this is AWR's first Navy contract.
- ASUS will serve 12 military bases across eight states after adding NAS Patuxent River.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1056903/000162828023029754/0001628280-23-029754-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1056903/000162828023029754/awr-20230815.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-029754

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer