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PUC approves March 2013 WSIP revision after Calaveras cost increases force modest program budget bump

San Francisco Public Utilities Commission · April 23, 2013
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Summary

The San Francisco Public Utilities Commission approved March 2013 revisions to the Water System Improvement Program, adding a net $54.9 million to a $4.64 billion program and extending the schedule largely because of higher costs at the Calaveras Dam project. Commissioners and committee chairs stressed oversight and a plan to absorb the increase without an immediate rate increase.

The San Francisco Public Utilities Commission on April 24 approved revisions to the March 2013 Water System Improvement Program (WSIP), adopting a revised program budget of $4,640,000,000 and extending the completion schedule primarily to address cost and schedule impacts at the Calaveras Dam replacement project.

Staff told the commission the WSIP is roughly 72 percent complete by expenditures against the proposed budget and that the program requires a net increase of $54,900,000 to cover negotiated construction change orders, delivery costs and contingencies. Kevin Chang, chair of the Revenue Bond Oversight Committee, said the Calaveras Dam replacement "will cause the overall program to be late and will cause the overall program, to be over budget." The commission voted to approve the package by voice vote; no roll‑call tally was requested in open session.

Why it matters: the Calaveras project produces the largest single change to the WSIP…

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