New Jersey American Water Acquires Bound Brook Sewer System
Township of GloucesterCity · Laurel Springs, NJ- Disclosed value
- $5 million purchase price plus $11 million capital investment commitment in the first 10 years
- From bid award
- Awarded
- Nov 11, 2026
The 30-second brief
New Jersey American Water acquired Bound Brook’s wastewater collection system in August 2022 for $5 million. The company committed to invest $11 million in the system over the first 10 years and stabilize customer rates.
New Jersey American Water holds this contract with Township of Gloucester. Its other public contracts on record include work for Township of Edison.
Term as filed: Acquired August 2022; capital investment commitment over the first 10 years of ownership.
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Contract details
- Amount
- $5 million purchase price plus $11 million capital investment commitment in the first 10 years
- Document date
- November 11, 2026
- Term
- Acquired August 2022; capital investment commitment over the first 10 years of ownership
- Agency
- Township of Gloucester
- Source document
- NJ American Water - 2024 Proposal Gloucester Township (Bid Award)
New Jersey American Water's other public contracts
More Township of Gloucester contracts
Questions about this contract
Who was awarded the government contract by Township of Gloucester?
New Jersey American Water was awarded this government contract by Township of Gloucester, as recorded on November 11, 2026. The contract value is $5 million purchase price plus $11 million capital investment commitment in the first 10 years.
How much is the New Jersey American Water contract with Township of Gloucester worth?
The New Jersey American Water contract with Township of Gloucester is valued at $5 million purchase price plus $11 million capital investment commitment in the first 10 years.
What type of contract is this?
This is a government contract, documented as a bid award record.
Where was this contract approved?
This contract appears in NJ American Water - 2024 Proposal Gloucester Township (Bid Award), dated November 11, 2026 from Township of Gloucester. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does New Jersey American Water hold?
New Jersey American Water may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Township of Gloucester currently buying?
Explore Township of Gloucester's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.