Vancouver, Wash., extends Veolia Water wastewater partnership for five more years
04/4/06 • Water
HOUSTON, April 4, 2006 - The city council in Vancouver, Wash., has unanimously approved a five-year contract extension with Veolia Water North America - West LLC (Veolia Water) to continue managing the city's 42.5 million-gallon-per-day secondary wastewater treatment facilities along with eight lift stations, administering the industrial pretreatment program and managing solids disposal. Under the renewed contract, Vancouver residents will continue to enjoy a high level of customer service, rate stability and continued proactive management of their valuable wastewater assets.
"For more than 27 years, Veolia Water has safely operated and maintained our wastewater facility, utilizing a comprehensive and tested operations plan that optimizes the performance and reliability of our system," said Brian Carlson, Vancouver's public works director. "Veolia Water's focus on operational excellence and community investment is an example of their commitment to the environment and quality of life of all Vancouver citizens."
The extension was due to the accomplishments and the operational excellence Veolia Water and the city have enjoyed over the past years. A key example is the implementation of a sophisticated asset management and predictive maintenance program that increases the reliability of the city's facilities. Additionally, Veolia Water's comprehensive employee retention and training program has been important for overall operational excellence.
Regulatory agencies and industry groups have recognized the progress by bestowing facility employees with numerous performance and safety awards, including the prestigious George W. Burke Safety Award (2002) and Washington Department of Ecology — Outstanding Wastewater Treatment Plant Award (2003, 2004 and 2005).
Chibby Alloway, president, Veolia Water North America - West LLC said, "This extension validates over 27 years of superior client service delivery. Our staff in Vancouver has optimized the standard Veolia Water operational systems to better serve the community and the water environment. We are certainly grateful for this strong vote of confidence, and we look forward to serving the residents of Vancouver for another five years."
Veolia Water North America is the leading provider of comprehensive water and wastewater services to municipal and industrial customers, providing services to approximately 15 million people in more than 600 communities. The company is part of Veolia Water, the No. 1 water company in the world, serving more than 110 million customers. Veolia Water is the Water Division of Veolia Environment (NYSE:VE and Paris Bourse: VIE), the largest environmental services company in the world, with more than 310,000 employees in about 80 countries and annual revenues of more than $36 billion. Visit the company's Web site at www.veoliawaterna.com
Veolia Environnement is a corporation listed on the NYSE and Euronext Paris. This press release contains "forward-looking statements" within the meaning of the provisions of the U. S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements are not guarantees of future performance. Actual results may differ materially from the forward-looking statements as a result of a number of risks and uncertainties, many of which are outside our control, including but not limited to: the risk of suffering reduced profits or losses as a result of intense competition, the risk that changes in energy prices and taxes may reduce Veolia Environnement's profits, the risk that governmental authorities could terminate or modify some of Veolia Environnement's contracts, the risk that Veolia Environnement's compliance with environmental laws may become more costly in the future, the risk that currency exchange rate fluctuations may negatively affect Veolia Environnement's financial results and the price of its shares, the risk that Veolia Environnement may incur environmental liability in connection with its past, present and future operations, and the risks related to Veolia Environnement's relationship with Vivendi Universal, as well as the risks described in the documents Veolia Environnement has filed with the U. S. Securities and Exchange Commission. Veolia Environnement does not undertake, nor does it have, any obligation to provide updates or to revise any forward-looking statements. Investors and security holders may obtain a free copy of documents filed by Veolia Environnement with the U. S. Securities and Exchange Commission from Veolia Environnement.