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Chester receiver delays water-asset RFP, blames Chester Water Authority litigation for months-long stall

Municipal Financial Recovery Advisory Committee (MRAC) · August 25, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Receiver Vijay Kapoor told the MRAC on Aug. 12 that repeated legal filings and delays by the Chester Water Authority have forced a 60-day extension of the city's water-asset RFP to Nov. 3, 2025; he said the RFP requires assets remain publicly owned and urged expedited court compliance to limit ratepayer costs.

Vijay Kapoor, the court-appointed receiver for the city of Chester, said at the Municipal Financial Recovery Advisory Committee meeting on Aug. 12 that he is delaying the city's request-for-proposals (RFP) for water-asset monetization by 60 days to Nov. 3, 2025, citing repeated litigation tactics by the Chester Water Authority (CWA) that have stalled document production and driven up legal costs.

Kapoor said the RFP process is designed to produce revenue for the city's plan of adjustment while keeping ownership of the water system in public hands. "The water assets must remain publicly owned," he said, adding that qualified bidders will be required to demonstrate experience managing water systems and to comply with nondisclosure rules and relevant security laws.

Why it matters: The monetization effort is part of Chester's bankruptcy…

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