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Provincial Waterworks Authority  Annual Report 2023 287





                  8.  Private Joint Venture Projects (Cont.)

                                                  Period of
                   Project   Private joint venture           Private company
                    No.          contract         contract    jointly invested       Conditions in the contract
                                                 Year/Dated

                                                                             -  In case PWA orders the company to construct
                                                                              the additional water supply system in which
                                                                              the company invested, PWA shall pay back
                                                                              to the company afterward. In case PWA
                                                                              constructs the additional system, the company
                                                                              shall control the rate of water loss from such
                                                                              additional water supply system.
                                                                             - The water price rate is set according to the
                                                                              specified calculation formula and the minimum
                                                                              water quantity purchased is determined.

                     8    Bangpakong Water Supply   25 years  Bangpakong     -  The contract commenced from 1 April 2003 to
                          Project (BOOT),        9 November  Water Supply     31 March 2028.
                          Chachoengsao Province     2000     Co., Ltd.       - The company shall transfer the ownership of
                                                                              facilities to PWA at the end of the contract,
                                                                              (after the date examining the production system
                                                                              in another 600 days).
                                                                             -  The company is solely responsible for the cost
                                                                              of improvement, maintenance, and expansion
                                                                              of the production capacity of production system,
                                                                              including administration and delivery of water
                                                                              to the consumers’ meter on behalf of PWA.
                                                                             - In case PWA orders the company to construct
                                                                              the additional water supply system in which
                                                                              the company invested, PWA shall pay back
                                                                              to the company afterward. In case PWA
                                                                              constructs the additional system, the company
                                                                              shall control the rate of water loss from such
                                                                              additional water supply system.
                                                                             -  The water price rate is set according to the
                                                                              specified calculation formula and the minimum
                                                                              water quantity purchased is determined.

                     9    Rayong Water Supply     25 years   UU Group        - The contract commenced from 12 July 2006
                          Project (BTO)         14 March 2006 Consortium Co., Ltd,   to 11 July 2031.
                                                             consisting of:   -  The group company has to construct the
                                                             - Universal Utilities  facilities constructed will be transferred to PWA.
                                                               Co., Ltd.      The group company has the right to produce
                                                             - Chachoengsao   and sell water supply to PWA through the
                                                              Water Supply    contract period.
                                                               Co., Ltd.     -  PWA shall pay compensation to the companies
                                                             - Bangpakong Water   at the rate according to  the minimum water
                                                              Supply Co., Ltd.  quantity purchased determined.
                                                             - Nakorn Sawan
                                                              Water Supply
                                                               Co., Ltd.
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