DC Water Delays System Availability Fee to June 2018
As you may know, DC Water imposed a new and significant "System Availability Fee (SAF)" which was scheduled to go into effect on January 1, 2018. It is a one-time fee on new, renovation and redevelopment construction projects.
In 2016, DCBIA strongly opposed this increase. In response, DC Water delayed the increase until 2018.
DCBIA reiterated its opposition to the fee last month in a joint letter with the Apartment and Office Building Association (AOBA), outlining several major reasons why the fee should not be implemented. A major reason for this request is that DC Water has not yet created a standardized system that allows developers to obtain "credits" from the SAF for each linear foot of public infrastructure that developers are required by DC Water to install or create on projects not truly related to the development project. Read the joint letter HERE.
On December 7, 2017, DC Water officially announced that they will DELAY the initiation of the SAF from January 1, 2018 to June 1, 2018.
The implementation of the new regulations, including the vesting dates are being pushed back to June 1, 2018.
Read the fee structure: HERE.