Solicitation
- September 2016: Request for qualifications & proposals (RFQ/P) for establishing a CBP3 for the Stormwater Authority of the City of Chester, PA issued
- November 2016: Evaluations of proposals submitted in response to the RFP/Q completed (Corvias selected as primary, prospective partner)
- January 2017: Award
Community-Based Public-Private Partnership (CBP3)
Under a partnership approach, Corvias and the Stormwater Authority of Chester have entered into a 30 year partnership to improve the stormwater infrastructure and make a commitment to impact the local economy with the following key transitions from prior approaches.
- Private Sector Involvement
- Social Value Creation
- Long Term Sustainability
How CBPs Work
Cost Savings and Project Acceleration
- Gain economies of scale to reduce costs and accelerate delivery
- Long-term operations and maintenance plan ensuring sustainable infrastructure program
Anticipated Community Benefits
- Improvement of quality of life through opportunities for local small businesses and Chester residents
- Increased affordability through innovation and standardization
- New revenue source for Chester
- Strategic land development benefiting the environment and beautification of the City that has been proven to reduce crime