Consolidated Water Co. Ltd.: enters $39,800,000 design-build agreement

What happened

• The filing says that on Oct 8, 2026 PERC Water Corporation, a U.S. subsidiary of Consolidated Water Co. Ltd., entered into the Central Coast Blue AWPF design-build agreement with the City of Pismo Beach to design and construct an advanced water purification facility at 980 Huber Street, Grover Beach, California. The Agreement is dated Oct 6, 2026 but was executed on Oct 8, 2026.
• The filing also says the company issued a press release announcing the award on Oct 12, 2026 (Regulation FD disclosure).

Key details

• Fixed design-build price of approximately $39,800,000, subject to adjustment under the Agreement; the City will retain five percent of each progress payment until completion.
• Project initial design to produce approximately 500 acre-feet per year of purified water, with design provisions to accommodate a future expansion to approximately 750 acre-feet per year (Phase 2 expansion not included in current scope or price).
• Contract schedule requires Substantial Completion within 703 calendar days after commencement; contractual Substantial Completion date is Sep 17, 2028 assuming notice to proceed and kick-off on Oct 15, 2026. Liquidated damages are $2,500 per calendar day, capped at 5 percent of the contract price (approximately $2,000,000).
• Performance guarantees include delivery of 500 acre-feet per year to the injection well (subject to subsurface capacity) and one-year warranty; PERC’s total aggregate liability under the Agreement is capped at $14,000,000.

Why it may matter

• The filing reports Item 1.01 (entry into a material definitive agreement) describing the design-build contract and related terms, and Item 7.01 (Regulation FD disclosure) furnishing the Oct 12, 2026 press release. This filing does not show why the insider traded or why the company acted.