Sewerage & Water Board of New Orleans public meetings in 2023

Board of Trustees

The Sewerage & Water Board of New Orleans Board of Trustees is meeting to address investment matters. The board will consider a resolution regarding a search for a private equity asset class manager and review market performance reports from Marquette & Associates, Inc.

• Resolution (R-165-2023) Private Equity Asset Class Manager Search
• November 2023 Market Performance Executive Summary
• Asset Allocation Transition Plan Update
• November 2023 Supplemental Investment Report
• Private Equity Education on fees, performance measurement, and diversity

Board of Directors

The Board of Directors will consider the 2024 Operating and Capital budgets and blanket appropriations. The meeting includes votes on several sewer rehabilitation contracts and an executive session regarding water meter litigation.

• FY 2024 Operating Budget (R-148-2023) and Capital Budget (R-149-2023)
• Sewer rehabilitation contracts for Carrollton Basins No. 1, 2, and 16
• Contract award to Wesco for West Power Complex Electrical and Control Cable
• Renewal of lime furnishing contract for Carrollton Water Plant with Cheney Lime Co.
• Executive session to discuss potential litigation against a water meter manufacturer

The Board approved the 2024 Operating and Capital budgets and appointed Stephen Nelson as General Superintendent. Several sewer rehabilitation and power complex contracts were awarded, and the December reports for Audit, Pension, and Finance committees were adopted.

• Approved 2024 Operating Budget (R-148-2023)
• Approved 2024 Capital Budget (R-149-2023)
• Appointed Stephen Nelson as General Superintendent
• Deferred 2024 Budget Blanket Appropriations (R-163-2023)
• Approved contract awards for West Power Complex electrical cable (Wesco) and sewer rehabilitation (BLD Services, LLC and Beverly Construction Co, LLC)
• Approved renewal of lime furnishing contract for Carrollton Water Plant (Cheney Lime Co.)
• Approved contract amendments for intake station protection barges (Durward Dunn, Inc.) and smart metering consulting (Jacobs Engineering Group Inc.)
• Approved amendment to By-Laws regarding Plumbing Conference Committee (R-124-2023)

Evaluation Selection Committee-Needs Assessment for Asset Management

The Evaluation Selection Committee is meeting to review and rate responses to Solicitation # 2023-SWB-66. The body will rank respondents and make a recommendation regarding the Needs Assessment for Asset Management.

• Evaluation and rating of proposal responses for Solicitation # 2023-SWB-66
• Announcement of respondents' rankings
• Committee recommendation for Needs Assessment for Asset Management

Infrastructure Advisory Board

The Infrastructure Advisory Board will meet to discuss financial updates regarding the Fair Share Agreement and receive infrastructure progress reports from the City of New Orleans and the Sewerage & Water Board of New Orleans. The board will also approve its 2024 meeting schedule.

• Fair Share Agreement financial update from the City of New Orleans
• Infrastructure updates from the Department of Public Works and SWBNO
• Drainage Consolidation Working Group update
• Approval of the 2024 meeting schedule (March 14, June 13, September 12, December 12)
• Post-meeting facilities tour

Pension Committee

The Pension Committee will review November 2023 market performance and an asset allocation transition plan. The body is scheduled to act on a resolution regarding a private equity asset class manager search.

• Resolution (R-165-2023) Private Equity Asset Class Manager Search
• November 2023 Market Performance executive summary
• Asset Allocation Transition Plan update
• Private Equity education on fees, performance measurement, and diversity

The Pension Committee unanimously approved the recommendation to appoint two managers for the Private Equity Asset Class. The decision follows a search process and candidate presentations conducted in November 2023.

• Approved Resolution (R-165-2023) to appoint Mesirow Private Equity Fund IX ($15,000,000.00) and Sango Private Equity IV, LP ($5,000,00.00) as managers (Unanimous)

Audit Committee

The Audit Committee is meeting to receive a presentation from Chief Audit Executive Ed Sutherland. The session focuses on the Audit Department's Quarter Four update.

• Audit Department Quarter Four Update presentation by Ed Sutherland

The Audit Committee met to receive a presentation from Chief Internal Auditor Ed Sutherland. The presentation covered staffing endeavors, Risk Assessment plans for Q1 2024, and current audit activity. No formal votes or policy decisions were recorded.

Board of Directors

The Sewerage & Water Board of New Orleans is meeting to approve several infrastructure contracts and internal governance charters. The board will also discuss legal matters in an executive session and review monthly departmental reports.

• Sewer rehabilitation contracts for Carrollton Basin No. 14 (Fleming Construction Co., LLC) and No. 15 (Hard Rock Construction, LLC)
• Contract for meter boxes and parts with A.Y. McDonald Mfg., Co.
• Fuel delivery contract with Lard Oil Company of Denham Springs
• Adoption of Internal Audit Department and Audit Committee charters
• Final acceptance of the TM005 Eden and Grape Transmission Main Project

Finance and Administration Committee

The Finance and Administration Committee will review a financial summary update from the CFO. The body is deciding on several contract awards, change orders, and amendments for infrastructure projects and supplies.

• Contract awards for Carrollton Basin No. 14 and No. 15 Sewer Rehabilitation
• Contract for furnishing gasoline and diesel fuel from Lard Oil Company of Denham Springs
• Contract for furnishing meter boxes and parts from A.Y. McDonald Mfg., Co.
• Amendments for design and engineering services for the Water Line Replacement Program
• Final acceptance of the TM005 Eden and Grape Transmission Main Project

The Finance and Administration Committee approved several contract awards for sewer rehabilitation and fuel delivery. The board also authorized contract amendments for the Water Line Replacement Program and finalized two transmission and water main projects.

• Approved contract for meter boxes with A.Y. McDonald Mfg., Co. (R-147-2023)
• Approved Carrollton Basin No. 14 Sewer Rehabilitation contract with Fleming Construction Co., LLC (R-114-2023)
• Approved Carrollton Basin No. 15 Sewer Rehabilitation contract with Hard Rock Construction, LLC (R-115-2023)
• Approved fuel delivery contract with Lard Oil Company of Denham Springs (R-132-2023)
• Ratified Change Order No. 4 for Carrollton Water Plant Utility Rack with M.R. Pittman Group, LLC (R-108-2023)
• Approved Change Order No. 2 for driveway and sidewalk repaving with CMG Pipelines (R-119-2023)
• Approved design and engineering amendments for Water Line Replacement Program with Arcadis U.S. Inc and Digital Engineering & Imaging, Inc. (R-133-2023, R-134-2023)
• Authorized final acceptance for Eden and Grape Transmission Main and scattered water main replacements (R-113-2023, R-120-2023)

Evaluation Selection Committee-Water Treatment Master Plan

The Evaluation Selection Committee is meeting to review and rate responses for the Water Treatment Master Plan (Solicitation # 2023-SWB-40). The committee will rank respondents and provide a recommendation.

• Evaluation and rating of proposal responses for Solicitation # 2023-SWB-40
• Announcement of respondents' rankings
• Committee recommendation for the Water Treatment Master Plan

Board of Directors

The Sewerage and Water Board of New Orleans is meeting to decide on millage roll backs and roll forwards. The board will also consider authorizing a new series of Sewerage Service Revenue Bonds and several infrastructure contracts.

• Resolution R-126-2023 and R-127-2023 regarding roll back and roll forward of millages
• Resolution R-128-2023 to authorize Sewerage Service Revenue Bond, Series 2023
• Contract awards to BLD Services, LLC for Carrollton Basin No. 12 and No. 13 Sewer Rehabilitation
• Contract with Governor’s Office of Homeland Security and Emergency Preparedness for Saltwater Intrusion Response
• Renewal of professional services agreement with Avenu insights and Analytics

The Board approved resolutions for the roll back and roll forward of millages and authorized a contract with GOHSEP for saltwater intrusion response. Several sewer rehabilitation and repair contracts were awarded or closed out. The Board also approved the issuance of Sewerage Service Revenue Bonds, Series 2023.

• Approved Roll Back of Millages (R-126-2023)
• Approved Roll Forward of Millages (R-127-2023)
• Approved issuance of Sewerage Service Revenue Bond, Series 2023 (R-128-2023)
• Approved contract with GOHSEP for Saltwater Intrusion Response (R-130-2023)
• Approved second extension of janitorial services contract (R-131-2023)
• Approved sewer rehabilitation contracts 30253 and 30254 with BLD Services, LLC
• Approved Amendment No. 5 with Neel-Schaffer, Inc for River Intake Fender Systems repairs
• Approved final acceptance and close out of contracts 8165 and 2159 with Wallace C. Drennan, Inc

Operations Committee Meeting

The Operations Committee is meeting to receive presentations on the implementation of Advanced Metering Infrastructure (AMI) and an update on the People Plan.

• Presentation on AMI Implementation by Principal Engineer Rebecca Johnsey
• People Plan Update by Business Services Program Manager Kaitlin Tymrak

The Operations Committee met to receive presentations on the AMI smart metering implementation and the status of the People Plan. No substantive votes or policy decisions were recorded during the meeting.

Pension Committee

The Pension Committee is meeting to review market performance from September 2023. The body will discuss an asset allocation transition plan and manager responses regarding real estate, private equity, and infrastructure.

• Executive Summary of September 2023 Market Performance
• Asset Allocation Transition Plan Update
• Private Equity Summary of Manager Responses
• Private Real Estate Summary of Manager Responses
• Private Infrastructure Summary of Manager Responses

The committee reviewed the September 2023 Market Performance and the Asset Allocation Transition Plan. Based on manager responses for real estate, private equity, and infrastructure asset classes, the committee requested in-person interviews to assist in the selection process.

• Requested in-person interviews for real estate, private equity, and infrastructure asset managers

Finance and Administration Committee

The Finance and Administration Committee will discuss saltwater intrusion, financial summaries, and drainage millage reappraisal. The body is deciding on several resolutions regarding millages, revenue bonds, and professional service contracts.

• Resolution R-128-2023: Ninth Supplemental Sewerage Service Revenue Bond Series 2023
• Resolution R-126-2023 and R-127-2023: Roll back and roll forward of SWB millages
• Contract awards to BLD Services, LLC for Carrollton Basin No. 12 and No. 13 sewer rehabilitation
• Contract renewal with Avenu insights and Analytics for information systems management
• Amendment to Neel-Schaffer, Inc agreement for River Intake Fender Systems repairs

The Finance and Administration Committee approved the roll back and subsequent roll forward of drainage millages to maintain revenue for infrastructure needs. The committee also authorized a new revenue bond issuance and approved multiple sewer rehabilitation and professional services contracts.

• Approved roll back of millages (R-126-2023)
• Approved roll forward of millages to 16.23 (R-127-2023)
• Approved issuance of Sewerage Service Revenue Bond, Series 2023 (R-128-2023)
• Approved contract correction for Applications Software Technology, LLC (R-129-2023)
• Approved renewal of agreement with Avenu insights and Analytics (R-123-2023)
• Approved sewer rehabilitation contracts for Carrollton Basin No. 12 and 13 with BLD Services, LLC (R-109-2023, R-110-2023)
• Approved amendment for River Intake Fender Systems repairs with Neel-Schaffer, Inc (R-107-2023)
• Approved final acceptance of contracts with Wallace C. Drennan, Inc and Boh Bros., LLC (R-111-2023, R-112-2023)

Audit Committee

The Audit Committee will review the 2022 Annual Financial Statement Audit and receive an update from the Chief Audit Executive. The body is also considering resolutions to establish the Internal Audit and Audit Committee charters.

• P&N Annual Financial Statement Audit 2022 presentation by EisnerAmper
• Audit Department Update from Chief Audit Executive Ed Sutherland
• Resolution (R-121-2023) Internal Audit Charter
• Resolution (R-122-2023) Audit Committee Charter

The Audit Committee approved updated charters for both the Internal Audit and the Audit Committee. The committee also corrected a resolution number from R-122-2022 to R-122-2023.

• Approved updated Internal Audit Charter (R-121-2023)
• Approved updated Audit Committee Charter (R-122-2023)
• Corrected resolution R-122-2022 to reflect as R-122-2023

Board of Directors

The Board of Directors will discuss a financial update and vote on several sewer and water infrastructure contracts. The meeting includes proposals for funding to comply with the Revised Lead and Copper Rule and the adoption of new audit charters.

• Resolution (R-125-2023): Application for Drinking Water Revolving Loan Fund funding for lead service line removal
• Resolution (R-088-2023): Contract award to CMG Pipelines, Inc. for sanitary sewer restoration
• Resolutions (R-090-2023) and (R-090-2023): Sewer rehabilitation contracts for Carrollton Basin No. 10 and 11 with BLD Services, LLC
• Resolution (R-121-2023) and (R-122-2023): Adoption of Internal Audit Department and Audit Committee charters
• Resolution (R-105-2023): Ratification of Amendment No. 2 to the Algiers Subbasin SELA Project Partnership Agreement

The Board approved multiple contracts for sewer rehabilitation and water line replacement services. It also authorized a funding application to the Louisiana Department of Health for lead service line identification and removal. Several internal charter resolutions were deferred.

• Approved R-125-2023 to apply for LDH funding for lead service line identification and removal
• Approved sewer rehabilitation contracts with CMG Pipelines, Inc. and BLD Services, LLC
• Approved change order for Combustion Turbine Generator 7 with Solar Turbines, Inc.
• Ratified six contract change orders including water main repairs and sludge dryer installation
• Approved seven contract amendments for capital program and water line replacement engineering
• Deferred resolutions for Internal Audit and Audit Committee charters
• Deferred amendment to By-Laws regarding the Plumbing Conference Committee
• Approved August Finance and Strategy Committee reports

Board of Trustees

The Sewerage & Water Board Board of Trustees will consider two resolutions: accepting the 2023 contribution to the Employees' Retirement System and approving a cost-of-living adjustment for pensioners. A presentation on the actuarial valuation report will precede the votes.

• Resolution R-095-2023: Acceptance of 2023 contribution to the Employees' Retirement System
• Resolution R-096-2023: Approval of 2023 cost-of-living adjustment for board pensioners
• Presentation of actuarial valuation report as of January 1, 2023

Governance Committee

The Governance Committee will receive an update on the General Superintendent search and consider a resolution to amend the Sewerage and Water Board's by-laws to change the membership of the Plumbing Conference Committee. The resolution (R-124-2023) is an action item that will be voted on. Public comment will be heard.

• Update on General Superintendent Search
• Proposed change to Plumbing Conference Committee membership (SWBNO By-Laws Article VI, Section 10)
• Resolution R-124-2023 to authorize by-law amendment
• Public comment period

The Governance Committee approved a resolution to amend the board by-laws regarding the Plumbing Conference Committee. The committee also received a presentation on the timeline and process for searching for a new General Superintendent.

• Approved Resolution R-124-2023 to amend By-Laws Article VI, Section 10 regarding Plumbing Conference Committee membership

Infrastructure Advisory Board

The Infrastructure Advisory Board will hear a special presentation on a drainage fee feasibility analysis update, along with financial and infrastructure updates from the City of New Orleans and the Sewerage & Water Board. The board is also set to approve its quarterly report and discuss a drainage consolidation working group update.

• Drainage Fee Feasibility Analysis Update by Raftelis consultants
• Fair Share Agreement Financial Update from City of New Orleans
• Infrastructure Update from City of New Orleans Department of Public Works
• Infrastructure Update from Sewerage & Water Board of New Orleans
• Drainage Consolidation Working Group Update

Finance and Administration Committee

The Finance and Administration Committee will meet to receive a presentation on a drainage system funding feasibility study. The presentation will be delivered by Keith Readling of Raftelis Financial Consultants, Inc.

• Presentation on Drainage System Funding Feasibility Study by Raftelis Financial Consultants, Inc.

The Finance and Administration Committee received a presentation from Raftelis Financial Consultants regarding drainage system funding. No formal votes or decisions were recorded during the meeting.

Strategy Committee

The Strategy Committee will receive two presentations on the smart metering program: a communications plan update and an operational update. No votes or decisions are scheduled; the items are informational only.

• Smart Metering Communications Plan Update – Grace Birch
• Smart Metering Operational Update – Rebecca Johnsey

The committee received presentations on the smart metering project's communication plan and operational updates. No substantive decisions or votes on policy were recorded during the meeting.

• Adjourned meeting at approximately 9:52 AM

Special Pension

The Special Pension Committee is meeting to discuss a specific personnel matter. The board will enter an executive session to assess a Disability Retirement Allowance Application.

• Assessment of a Disability Retirement Allowance Application

Evaluation Selection Committee-Prevailing Wage Consultant Services

The Evaluation Selection Committee is meeting to review and rate responses to Solicitation # 2023-SWB-01. The body will rank respondents and provide a recommendation for prevailing wage consulting services.

• Evaluation and rating of proposal responses for Solicitation # 2023-SWB-01

Board of Directors

The Sewerage and Water Board of New Orleans is meeting to vote on several contract renewals, change orders, and amendments. The board will also review reports from the CFO and other departments and enter an executive session regarding a legal case.

• Renewal of licensing agreement with Environmental Systems Research Institute, Inc.
• Renewal of polyelectrolyte furnishing contracts with Polydyne, Inc.
• Change order for Gert Town Waterline Replacement Program on St. Dupre St with BLD Services, LLC
• Amendment to Stantec Consulting Services, Inc. agreement for the Water Line Replacement Program
• Amendment to Jacobs Engineering Group, Inc. agreement for Advanced Metering Infrastructure

The Board of Directors approved the June 21 meeting minutes and the July reports for the Finance and Administration and Pension committees. The Board also approved a series of resolutions regarding contract renewals, change orders, and final project acceptances.

• Approved minutes of the June 21, 2023, Board Meeting
• Adopted July Finance and Administration Committee report
• Adopted July Pension Committee report
• Approved licensing agreement renewal with Environmental Systems Research Institute, Inc. (R-080-2023)
• Approved contract renewal with Polydyne, Inc. for polyelectrolyte (R-076-2023)
• Approved change order for fuel delivery with Lard Oil (R-077-2023)
• Approved change order for Gert Town Waterline Replacement with BLD Services, LLC (R-083-2023)
• Approved final acceptance of 60 Hz Transformer/Switchgear Project with Walter J. Barnes Electric Co., Inc. (R-074-2023)

Board of Trustees

The Board of Trustees will meet to decide on the 2023 contribution to the Employees’ Retirement System and a cost of living adjustment for pensioners. The board will also review an actuarial valuation report dated January 1, 2023.

• Resolution R-095-2023: 2023 Contribution to the Employees’ Retirement System
• Resolution R-096-2023: 2023 Cost of Living Adjustment for Board Pensioners
• Actuarial Valuation Report as of January 1, 2023

Pension Committee

The Pension Committee is reviewing the Actuarial Valuation Report as of January 1, 2023. The body will decide on the 2023 contribution to the Employees’ Retirement System and the 2023 cost of living adjustment for pensioners.

• Resolution (R-095-2023) Acceptance of 2023 Contribution to the Employees’ Retirement System
• Resolution (R-096-2023) Acceptance of 2023 Cost of Living Adjustment for Board Pensioners
• Actuarial Valuation Report as of January 1, 2023
• Executive Session to assess a Disability Retirement Allowance Application

The Pension Committee met on July 12, 2023, but was unable to vote on action items because a quorum was not present. All action items and the executive session were deferred to the July 2023 Board of Trustees meeting. The committee received a presentation on the Actuarial Valuation Report and the 2023 Annual Cost of Living Adjustment (COLA).

• Deferred action items to July 2023 Board of Trustees meeting (lack of quorum)
• Deferred executive session to July 2023 Board of Trustees meeting (lack of quorum)

Operations Committee Meeting

The Pension Committee will review the 2023 Actuarial Valuation Report for the Employees’ Retirement System. The committee is also scheduled to consider resolutions regarding annual contributions and cost of living adjustments for pensioners.

• Actuarial Valuation Report as of January 1, 2023
• Resolution (R-095-2023): Acceptance of 2023 Contribution to the Employees’ Retirement System
• Resolution (R-096-2023): Acceptance of 2023 Cost of Living Adjustment for Board Pensioners
• Disability Retirement Allowance Application assessment (Executive Session)

Finance and Administration Committee

The Finance and Administration Committee will review a financial summary update from the CFO. The meeting includes several action items regarding contract renewals, change orders, and final acceptances for water and fuel services.

• Renewal of licensing agreement with Environmental Systems Research Institute, Inc.
• Renewal of contract with Polydyne, Inc. for polyelectrolyte furnishing
• Change order for gasoline and diesel fuel delivery from Lard Oil
• Change order for Gert Town Waterline Replacement Program on St. Dupre St via BLD Services, LLC
• Final acceptance of the 60 Hz Transformer/Switchgear Project with Walter J. Barnes Electric Co., Inc.

The Finance and Administration Committee approved a licensing agreement with ESRI and several contract renewals and amendments. The board also ratified change orders for fuel and infrastructure projects and accepted the final completion of two contracts. Additionally, the committee reviewed May 2023 financial results and customer service statistics.

• Approved renewal and extension of licensing agreement with Environmental Systems Research Institute, Inc. (R-080-2023)
• Approved contract renewal with Polydyne, Inc. for polyelectrolyte furnishing (R-076-2023)
• Approved change order for Lard Oil regarding gasoline and diesel fuel (R-077-2023)
• Approved change order for BLD Services, LLC regarding Gert Town Waterline Replacement (R-083-2023)
• Approved change order for M.R. Pittman Group, LLC regarding Carrollton Water Purification Plant (R-084-2023)
• Approved change order for Walter J Barnes Electric Co, Inc. regarding Static Frequency Changer (R-085-2023)
• Approved contract amendments for Stantec Consulting Services, Inc. and Jacobs Engineering Group, Inc. (R-086-2023, R-087-2023)
• Approved final acceptance of contracts with Walter J. Barnes Electric Co., Inc. and BLD Services, LLC (R-074-2023, R-075-2023)

Selection Committee Meeting

The committee will elect officers, adopt bylaws, and review applications from three candidates for a board seat. They will discuss and vet the applicants, then either select candidates or schedule a future meeting.

• Election of committee president and vice-president
• Adoption of committee bylaws
• Applications from Melvin Albritton, Tyler Antrup, and Gregory Douglas
• Discussion and vetting of all applications
• Selection of candidates or setting next meeting date

Board of Directors

The Board of Directors will review preliminary approval for sewerage system bonds and several contract awards and amendments. The meeting includes discussions on water main replacements and hazard mitigation programs. The board will also enter executive sessions to discuss three legal cases.

• Preliminary approval for Sewerage System Bonds (R-082-2023)
• Contract award to Cycle Construction Company, LLC for South Claiborne Avenue transmission main replacement (R-059-2023)
• Amendment to the Southeast Louisiana Urban Flood Control Program agreement with BCG Engineering and Consulting, Inc. (R-046-2023)
• Water Line Replacement Program design amendments for Leonidas, Marlyville-Fountainbleau, East Carrollton, and Black Pearl neighborhoods (R-070-2023)
• Water Line Replacement Program design amendments for Read Blvd East, Read Blvd West, and Village de L'est neighborhoods (R-073-2023)

The Board approved preliminary authorization for sewerage system bonds and adopted the June reports for the Finance and Administration and Pension committees. Members also approved a series of resolutions regarding contract amendments, change orders, and project awards for water main and infrastructure work.

• Approved preliminary authorization for sewerage system bonds (R-082-2023)
• Approved June Finance and Administration Committee report
• Approved June Pension Committee report
• Approved contract award for S. Claiborne Ave Transmission Main Replacement to Cycle Construction Company, LLC (R-059-2023)
• Approved Amendment No. 4 to Cogsdale Corporation maintenance agreement (R-065-2023)
• Approved change orders for water main repairs and hazard mitigation (R-058-2023, R-067-2023, R-069-2023, R-072-2023)
• Approved professional services amendments for flood control and water line replacement (R-046-2023, R-070-2023, R-073-2023)
• Approved final acceptance of Water Hammer Hazard Mitigation Program contract (R-068-2023)

Board of Trustees

The Sewerage & Water Board Board of Trustees will vote on a resolution authorizing Marquette Associates to reallocate non-U.S. equity funds from Earnest Partners to two BNY Mellon index funds. The board will also receive a supplemental performance report and discuss potential plan design modifications. The meeting includes public comment and routine procedural items.

• Resolution (R-081-2023) to reallocate non-U.S. equity funds from Earnest Partners to BNYM DB SL ACWI EX-U.S. Small Cap and BNYM DB SL Emerging Markets Stock Index Funds
• May 2023 Supplemental Performance Report from Marquette & Associates
• Employee member inquiry and response on potential plan design modifications

The Board of Trustees approved a resolution to reallocate non-U.S. equity funds from Earnest Partners to specific BNYM index funds. No other substantive actions were taken during the meeting.

• Approved Resolution (R-081-2023) to reallocate non-U.S. equity funds from Earnest Partners to BNYM DB SL ACWI EX-U.S. Small Cap and BNYM DB SL Emerging Markets Stock Index Funds

Finance and Administration Committee

The Sewerage and Water Board of New Orleans is meeting to vote on bond approvals and various infrastructure contracts. The board will discuss water main replacements and pumping station improvements. An executive session is scheduled to address three legal cases.

• Preliminary approval for Sewerage System Bonds (R-082-2023)
• Contract award to Cycle Construction Company, LLC for South Claiborne Avenue transmission main replacement (R-059-2023)
• Change orders for Water Hammer Hazard Mitigation Program at Panola, High Lift, and Claiborne Ave pumping stations
• Engineering design amendments for water line replacements in Leonidas, Marlyville-Fountainbleau, East Carrollton, Black Pearl, Read Blvd East, Read Blvd West, and Village de L'est
• Amendment to the Southeast Louisiana Urban Flood Control Program agreement with BCG Engineering and Consulting, Inc.

The Finance and Administration Committee approved preliminary authorization for sewerage system bonds and a maintenance agreement amendment with Cogsdale Corporation. The board also approved several water main replacement contracts, change orders, and professional service amendments.

• Approved preliminary authorization for Sewerage System Bonds (R-082-2023)
• Approved Amendment No. 4 to maintenance agreement with Cogsdale Corporation (R-065-2023)
• Approved contract for South Claiborne Avenue transmission main replacement with Cycle Construction Company, LLC (R-059-2023)
• Approved five contract change orders including work with Boh Bros Construction Co., LLC, M.R. Pittman Group, LLC, BLD Services, LLC, and CMG Pipelines, Inc.
• Approved three professional services amendments for flood control and water line replacement programs
• Approved final acceptance of Contract 1377 for Claiborne Ave Pumping Station Water Hammer Hazard Mitigation (R-068-2023)

Pension Committee

The Sewerage & Water Board of New Orleans Pension Committee will review May 2023 market performance and an asset allocation transition plan. The committee is deciding on a resolution to move non-U.S. equity funds from Earnest Partners to BNYM index funds.

• Resolution (R-081-2023) to reallocate non-U.S. equity funds from Earnest Partners to BNYM DB SL ACWI EX-U.S. Small Cap and BNYM DB SL Emerging Markets Stock Index Funds
• Executive Summary of May 2023 Market Performance by Marquette & Associates, Inc.
• Asset Allocation Transition Plan Update
• Discussion on potential modifications to plan design following employee member inquiry

The Pension Committee met to receive updates on May 2023 market performance and asset allocation transition reports. The committee also received an update on the search for diverse portfolio managers. No substantive policy or financial decisions were voted upon.

• Received May 2023 Market Performance and Asset Allocation Transition Reports
• Received update on search for diverse portfolio managers
• Received information items regarding Pension request letters

Customer Advisory Committee

The Customer Advisory Committee is meeting to conduct introductions and provide an overview of the SWBNO Water Academy and general agency operations. The meeting consists of introductory presentations and a discussion of next steps.

• Introduction to SWBNO Water Academy by Grace Birch
• SWBNO 101 presentation by Tyler Antrup

Infrastructure Advisory Board

The Infrastructure Advisory Board will meet to review a quarterly report and receive updates on city infrastructure. The meeting includes a special presentation on the Water Justice Campaign and a financial update regarding the Fair Share Agreement.

• Quarterly Report approval
• Water Justice Campaign presentation by The Water Collaborative of Greater New Orleans
• Fair Share Agreement financial update from the City of New Orleans
• Infrastructure updates from the Department of Public Works and Sewerage & Water Board of New Orleans
• Drainage Consolidation Working Group update

Operations Committee Meeting

The Sewerage & Water Board Operations Committee will discuss strategic plan metric targets presented by the Director of Strategic Planning. No votes or binding decisions are scheduled; the item is for discussion only.

• Discussion of strategic plan metric targets by Director of Strategic Planning Tyler Antrup

Board of Directors

The Board of Directors will consider several contract awards for sewer rehabilitation and professional software services. The meeting includes the election of a President Pro Tempore and the declaration of a board vacancy for Council District D.

• Carrollton Basin Sewer Rehabilitation No. 7 contract for Fleming Construction Co., LLC
• Carrollton Basin Sewer Rehabilitation No. 8 contract for Impetus Infrastructure, LLC
• Carrollton Basin Sewer Rehabilitation No. 9 contract for BLD Services, LLC
• Professional services contract with Applications Software Technology, LLC (AST) for financial software
• Resolution (R-079-2023) declaring a vacancy on the Board for Council District D

The Board appointed Director Lynes Sloss as the new President Pro Tem. Members approved the May reports for the Finance and Administration and Strategy committees, declared a board vacancy for Council District D, and authorized several contract awards and amendments.

• Appointed Director Lynes Sloss as President Pro Tem
• Approved Finance and Administration Committee report for May
• Approved Strategy Committee report for May
• Approved Resolution R-079-2023 declaring a Board vacancy for Council District D
• Approved contract for financial software with Applications Software Technology, LLC (R-078-2023)
• Approved contract amendment for Avenu Insights and Analytics (R-064-2023)
• Awarded Carrollton Basin Sewer Rehabilitation contracts to Fleming Construction Co., LLC, Impetus Infrastructure, LLC, and BLD Services, LLC (R-052, R-053, R-054-2023)
• Approved contract amendments for Pure Technologies, Inc., Richard C. Lambert, LLC, and Burk Kleinpeter, Inc. (R-050, R-051, R-055-2023)

Finance and Administration Committee

The Finance and Administration Committee will discuss a financial update and change order impacts, then vote on several action items including a contract for financial software and services, amendments to existing agreements, and awards for Carrollton Basin sewer rehabilitation projects. The meeting also includes informational reports on FEMA and EDBP.

• Resolution R-078-2023: Award contract to Applications Software Technology for financial software and services
• Resolution R-052-2023: Award Contract 30248 for Carrollton Basin Sewer Rehabilitation No. 7 to Fleming Construction Co.
• Resolution R-053-2023: Award Contract 30249 for Carrollton Basin Sewer Rehabilitation No. 8 to Impetus Infrastructure
• Resolution R-054-2023: Award Contract 30250 for Carrollton Basin Sewer Rehabilitation No. 9 to BLD Services
• Resolution R-055-2023: Amendment No. 6 to agreement with Burk Kleinpeter for hurricane-related sewer restoration project management

The Finance and Administration Committee approved several contracts for sewer rehabilitation and financial software. The board also reviewed March 2023 financial results, noting that cash levels for water and sewer exceed minimum thresholds.

• Approved contract for financial software and services with Applications Software Technology, LLC (R-078-2023)
• Approved contract amendment #2 with Avenu Insights and Analytics for information systems management (R-064-2023)
• Approved Carrollton Basin Sewer Rehabilitation No. 7 contract with Fleming Construction Co., LLC (R-052-2023)
• Approved Carrollton Basin Sewer Rehabilitation No. 8 contract with Impetus Infrastructure, LLC (R-053-2023)
• Approved Carrollton Basin Sewer Rehabilitation No. 9 contract with BLD Services, LLC (R-054-2023)
• Approved amendment #3 with Pure Technologies, Inc. for water valve operations services (R-050-2023)
• Approved amendment #9 with Richard C. Lambert, LLC for water line replacement design and engineering (R-051-2023)
• Approved amendment #6 with Burk Kleinpeter, Inc. for hurricane related sewer restoration management (R-055-2023)

Strategy Committee

The Strategy Committee is meeting to review a presentation on public relations engagement for smart meters. The committee will also receive an update regarding the 2023 Legislative Session.

• Smart Meter Public Relations Engagement presentation by Katz & Associates and MFG Consulting
• 2023 Legislative Session Update from Chief of Staff Christy Harowski

The committee received a presentation from Katz & Associates and MFG Consulting regarding public relations engagement for the smart meter initiative. The session included an update on state legislative bills that may impact the board. No formal votes or policy decisions were recorded.

Evaluation Selection Committee-Financial Software and Services

The Evaluation Selection Committee is meeting to review and rate responses to Solicitation # 2022-SWB-08. The body will rank respondents and provide a recommendation for financial software and services.

• Evaluation and rating of proposal responses for Solicitation # 2022-SWB-08 (Financial Software and Services)

Board of Directors

The Sewerage & Water Board board will consider resolutions including a second renewal of a labor contract with JEI Solutions, ratification of change orders for the Static Frequency Converter and Water Hammer projects, and amendments to cooperative agreements for drainage and water line programs. Several departmental reports are also on the agenda.

• Resolution to renew contract 060-2023 with JEI Solutions for skilled/unskilled labor
• Ratification of Change Order No. 13 for Static Frequency Converter project (Contract 1417) with Walter J. Barnes Electric Co.
• Ratification of Change Order No. 2 for Water Hammer Hazard Mitigation at Claiborne Ave Pumping Station with M.R. Pittman Group
• Amendment No. 3 to Pontilly Drainage Hazard Mitigation grant agreement with City and NORA
• Amendment No. 11 to Water Line Replacement Program design contract with Linfield, Hunter and Junius

The Board approved the selection of PFM Consultant Firm for a 24-month workforce development project. Members also approved several contract renewals, change orders, and amendments related to water line replacement and drainage mitigation.

• Approved PFM Consultant Firm for workforce development (The People Plan)
• Approved March 15, 2023 meeting minutes
• Adopted April Finance and Administration Committee report
• Adopted April Audit Committee report
• Approved Louisiana Compliance Resolution (R-063-2023)
• Approved contract renewal with JEI Solutions, Inc. for skilled/unskilled labor (R-060-2023)
• Approved change orders for Walter J. Barnes Electric Co., Inc. and M.R. Pittman Group, LLC
• Deferred Audit Committee and Internal Audit Charters 2023 (R-066-2023, R-067-2023)

Finance and Administration Committee

The Finance and Administration Committee will discuss a financial update and vote on several resolutions, including contract renewals, change orders, and amendments for projects such as the Static Frequency Converter, Water Hammer Mitigation, and the Pontilly Drainage Hazard Mitigation Grant Program. Information reports from FEMA and EDBP will also be presented.

• Resolution R-060-2023: Second renewal of Contract 8164 with JEI Solutions, Inc. for skilled and unskilled labor for maintenance
• Resolution R-043-2023: Ratification of Change Order No. 13 for Contract 1417 (Static Frequency Converter Procurement) with Walter J. Barnes Electric Co., Inc.
• Resolution R-048-2023: Ratification of Change Order No. 2 for Contract 1377 (Water Hammer Hazard Mitigation at Claiborne Ave Pumping Station) with M.R. Pettman Group, LLC
• Resolution R-044-2023: Ratification of Amendment No. 3 to the Cooperative Endeavor Agreement for the Pontilly Drainage Hazard Mitigation Grant Program
• Resolution R-045-2023: Authorization of Amendment No. 11 with Linfield, Hunter and Junius, Inc. for design/engineering services for the Water Line Replacement Program

The committee received financial updates regarding February 2023 liquidity, billed revenues, and aged receivables. No action was taken on any proposed contract renewals, change orders, or amendments.

• Contract renewal for JEI Solutions, Inc. (R-060-2023): No Action Taken
• Change Order No. 13 for Walter J. Barnes Electric Co., Inc. (R-043-2023): No Action Taken
• Change Order No. 2 for M.R. Pittman Group, LLC (R-048-2023): No Action Taken
• Amendment No. 3 for Pontilly Drainage Hazard Mitigation Grant Program (R-044-2023): No Action Taken
• Amendment No. 11 for Linfield, Hunter and Junius, Inc. (R-045-2023): No Action Taken
• Amendment No. 1 for Lafitte Greenway Pedestrian Bridge (R-047-2023): No Action Taken
• Amendment No. 10 for Neel-Schaffer, Inc. (R-049-2023): No Action Taken

Audit Committee

The Sewerage & Water Board Audit Committee will meet to hear an introduction from the new Chief Audit Executive and vote on two resolutions adopting the 2023 charters for the Audit Committee and Internal Audit. No financial or operational decisions are on the agenda.

• Resolution (R-066-2023) adopting the 2023 Audit Committee Charter
• Resolution (R-067-2023) adopting the 2023 Internal Audit Charter
• Introduction of Chief Audit Executive Ed Sutherland

The Audit Committee approved the 2023 Audit Committee Charter and the 2023 Internal Audit Charter. Chief Audit Executive Ed Sutherland presented the department's internal audit manual and current hiring efforts for four vacant positions.

• Approved Audit Committee Charter 2023 (R-066-2023)
• Approved Internal Audit Charter 2023 (R-067-2023)

Infrastructure Advisory Board

The Infrastructure Advisory Board will meet to review quarterly reports and receive updates on city infrastructure. The session includes financial reports regarding the Fair Share Agreement and ARPA funds.

• Fair Share Agreement Financial Update
• American Rescue Plan Act (ARPA) Update
• Department of Public Works Infrastructure Update
• Sewerage & Water Board of New Orleans Infrastructure Update
• Drainage Consolidation Working Group Update

The Infrastructure Advisory Board approved increasing the Smart Meter implementation consultant contract from $1.5M to $4M to comply with EPA lead service line regulations. The board also approved the agenda, the December 8, 2022 meeting minutes, and the Quarterly Report.

• Approved increasing Smart Meter implementation consultant contract from $1.5M to $4M (Unanimous)
• Approved meeting agenda (Unanimous)
• Approved December 8, 2022 meeting minutes (Unanimous)
• Approved Quarterly Report (Unanimous)

Board of Directors

The Sewerage & Water Board of New Orleans is meeting to approve multiple contract renewals, awards, and amendments. The board will also consider applications to the Louisiana Department of Environmental Quality and Department of Health.

• Amendments to multiple engineering agreements for the Water Line Replacement Program
• Award of Contract 1415 for Carrollton Water Purification Plant West Plant Complex foundation and utilities
• Approval of environmental audits for East Bank and West Bank Wastewater Treatment
• Contract renewals for repaving sidewalks and driveways with Wallace C. Drennan, LLC
• Award for furnishing liquid ferric sulfate and sodium hypochlorite for Algiers and Carrollton Water Plants

The Board approved resolutions to apply for funding from the Louisiana Department of Environmental Quality and the Louisiana Department of Health. Members also approved a large batch of corresponding resolutions related to water line replacements, plant modifications, and service contracts. The Board adopted the March reports for the Finance, Operations, Strategy, and Pension committees.

• Approved application to Louisiana Department of Environmental Quality (R-061-2023)
• Approved application to Louisiana Department of Health (R-062-2023)
• Approved 27 corresponding resolutions (R-014-2023 through R-042-2023) covering contracts and audits
• Adopted March Finance and Administration Committee report
• Adopted March Operations Committee report
• Adopted March Strategy Committee report
• Adopted March Pension Committee report
• Approved Special Counsel recommendations following executive session

Evaluation Selection Committee-Financial Software and Services

The Evaluation Selection Committee is meeting to discuss, rate, and rank responses to Solicitation # 2022-SWB-08. The committee will provide a recommendation regarding the financial software and services request for proposal.

• Evaluation and rating of proposal responses for Solicitation # 2022-SWB-08 (Financial Software and Services)
• Announcement of respondents' rankings
• Evaluation Selection Committee's recommendation

Pension Committee

The Sewerage & Water Board of New Orleans Pension Committee will meet to review market performance reports. The session includes a presentation on January 2023 performance and the 2023 outlook.

• Executive Summary of January 2023 Market Performance and 2023 Outlook Report by Marquette & Associates, Inc.
• January 2023 Supplemental Performance Report by Marquette & Associates, Inc.

The Pension Committee met to receive a market performance update and a report on the search for diverse portfolio managers. No substantive policy decisions or votes on expenditures were recorded.

• Received January 2023 Market Performance and 2023 Outlook Report
• Received update on search for diverse portfolio managers
• Adjourned meeting at 11:17 A.M.

Finance and Administration Committee

The Finance and Administration Committee will discuss a financial update and vote on numerous resolutions, including environmental audits for wastewater treatment plants, contract awards and renewals for water main repairs, sewer cleaning, and chemical supplies, as well as multiple amendments to engineering service agreements for the Water Line Replacement Program. The agenda is heavy on action items with specific dollar amounts not listed.

• Approval of East Bank and West Bank wastewater treatment environmental audits (R-021-2023, R-022-2023)
• First renewal of contract 8166 with Wallace C. Drennan, LLC for repaving open cuts from utility repairs
• Award of liquid ferric sulfate supply to USALCO for Algiers and Carrollton water plants (R-017-2023)
• Ratification of change order No. 9 for sludge dryer installation at Eastbank Wastewater Treatment Plant (R-023-2023)
• Multiple amendments to engineering service agreements for the Water Line Replacement Program (R-032-2023 through R-041-2023)

The Finance and Administration Committee approved environmental audits for East and West Bank wastewater treatment plants. The committee also approved a series of contract awards, renewals, change orders, and amendments related to water line replacement and plant operations. Members discussed the need for a resolution to allow shut-offs for non-paying commercial customers.

• Approved East Bank and West Bank Wastewater Treatment Environmental Audits
• Approved 9 contract awards and renewals, including repaving and water plant furnishing
• Approved 2 contract change orders for Eastbank Wastewater and Claiborne Ave Pumping Station
• Approved 11 contract amendments, primarily for the Water Line Replacement Program
• Requested a resolution to allow shut-offs for commercial customers with unpaid bills

Strategy Committee

The Strategy Committee will meet to review a presentation on strategic communications for 2023. The body will also discuss updates regarding master planning.

• Presentation on Strategic Communications in 2023
• Discussion of Master Planning updates

The committee received presentations on a 2023–2025 Strategic Communications Plan and the results of employee engagement sessions. Staff also provided an overview of the utility's Master Planning effort, including a water purification master plan. No formal votes on policies or contracts were taken.

Operations Committee

The Operations Committee will meet to receive a presentation on the contract change order process. No other decisions or actions are listed on the agenda.

• Presentation on Contract Change Order Process by Ghassan Korban and Chris Bergeron

The Operations Committee met to review a presentation regarding the types of contracts and the causes of large change orders. No substantive decisions were made during the meeting.

Evaluation Selection Committee-Financial Software and Services

The Evaluation Selection Committee is meeting to review and rate responses to Solicitation # 2022-SWB-08. The body will rank respondents and provide a recommendation for financial software and services.

• Evaluation and rating of proposal responses for Solicitation # 2022-SWB-08 (Financial Software and Services)
• Announcement of respondents' rankings
• Committee recommendation for financial software and services

Customer Advisory Committee

The committee will review the 2022 year in review and discuss smart metering branding. The meeting also includes a review of community meeting activity regarding financial stability.

• 2022 Year in Review update
• Smart Metering Branding discussion
• Financial Stability Community Meeting Activity Review

Board of Directors

The Sewerage & Water Board Board of Directors will consider several resolutions, including awarding contracts for water main point repairs, water main line replacements, sewer restoration, and lime supply, as well as a change order for sludge dryer installation. They will also receive monthly reports and hold an executive session to discuss the executive director's performance and pending legal claims.

• Award of contracts to Boh Bros Construction Co., LLC for water main point repair and replacement at various sites (R-007-2023, R-008-2023)
• Award of contract to Wallace C. Drennan, LLC for water main line replacements and sewer restoration (R-009-2023, R-011-2023)
• Ratification of Change Order No. 8 for installation of sludge dryer at East Bank Wastewater Treatment Plant (R-003-2023)
• Amendments for professional services for sewer system evaluation and water hammer hazard mitigation (R-002-2023, R-005-2023)
• Executive session to discuss executive director's fitness and three legal claims against SWBNO

The Board approved a series of resolutions for water main repairs, sewer rehabilitation, and professional design services. The Board also adopted January reports for Governance, Finance, and Audit, while deferring the Operations report and the 2023 Board schedule.

• Approved minutes of the December 14, 2022, Board Meeting
• Adopted January Governance, Finance, and Audit committee reports
• Deferred January Operations committee report
• Deferred Resolution (R-019-2023) 2023 Board/Committee Schedule
• Approved Resolution (R-020-2023) 2023 Holiday Schedule
• Approved multiple contracts including water main repairs (Boh Bros Construction Co., LLC), line replacements (Wallace C. Drennan, LLC), and lime furnishing (Cheney Lime Company)
• Approved professional service amendments for Stantec Consulting Services, LLC, Stanley Consultants, Inc., and Integrated Logistical Support, Inc.
• Approved Special Counsel Recommendations during executive session

Governance Committee

The Governance Committee will meet in an executive session to discuss the character, professional competence, and fitness of the Executive Director. No other business is listed on the agenda.

• Executive Director evaluation

The Governance Committee met in executive session to discuss Executive Director Evaluation Criteria. The committee decided to continue this discussion at the regular Board meeting on January 25, 2023.

• Approved motion to enter Executive Session to discuss Executive Director Evaluation Criteria
• Approved motion to exit Executive Session
• Approved motion to continue discussion on Executive Director Evaluation Criteria on January 25, 2023

Audit Committee

The Sewerage & Water Board of New Orleans Audit Committee will meet to receive a presentation on the 2021 Final Annual Audit Report. The report will be presented by Brandy Smith of P&N.

• Presentation of the 2021 Final Annual Audit Report by Brandy Smith, P&N

The Audit Committee received a presentation on the 2021 Final Annual Audit Report, including a summary of exceptions and resolutions. The committee also introduced Edwin Sutherland as the new Chief Auditor Executive of the Internal Audit department.

• Introduced Edwin Sutherland as Chief Auditor Executive of the Internal Audit department

Operations Committee Meeting

The committee will discuss the 2023 SWBNO Holiday Calendar and a flexible holiday rule. Additionally, the meeting includes a presentation on the 2022 Strategic Plan goals update and 2023 goals.

• 2023 SWBNO Holiday Calendar and Flexible Holiday Rule discussion
• 2022 Strategic Plan Goals Update/2023 Goals Presentation

The committee reviewed a proposal to make New Year’s Eve a floating holiday to reduce utility closures. Members also received an update on 2022 Strategic Plan goals, noting gaps in performance metrics and the planned transition away from manual timesheets in the second quarter.

Finance and Administration Committee

The Finance and Administration Committee will hear a financial update and vote on several contract awards, renewals, and amendments for water main repairs, sewer restoration, and plant supplies. Action items include contracts with Boh Bros Construction, Wallace C. Drennan, and Cheney Lime Company, plus a change order for a sludge dryer installation. Information reports from GSO, Safety, FEMA, HR, and Procurement are also scheduled.

• Resolution R-007-2023: Contract 2162 with Boh Bros for water main point repairs at various sites
• Resolution R-008-2023: Contract 2163 with Boh Bros for water main point repairs at various sites
• Resolution R-009-2023: Contract 2164 with Wallace C. Drennan for water main line replacements
• Resolution R-011-2023: First renewal of contract 30238 with Wallace C. Drennan for gravity sewer restoration
• Resolution R-003-2023: Ratification of Change Order No. 8 for sludge dryer installation at East Bank WWTP

The Finance and Administration Committee approved several contract awards, renewals, and amendments for water main repairs, sewer restoration, and professional services. The committee also ratified a change order for a sludge dryer installation at the East Bank Wastewater Treatment Plant.

• Approved professional design services list (R-006-2023)
• Approved water main and hydrant repair contracts with Boh Bros Construction Co., LLC (R-007-2023, R-008-2023)
• Approved water main line replacement contract with Wallace C. Drennan, LLC (R-009-2023)
• Approved sanitary sewer restoration contract renewal with Wallace C. Drennan, LLC (R-011-2023)
• Approved lime furnishing contract for Carrollton Water Plant with Cheney Lime Company (R-012-2023)
• Ratified Change Order No. 8 for sludge dryer installation with Industrial and Mechanical Contractors, Inc. (R-003-2023)
• Approved professional service amendments for Stantec Consulting Services, LLC, Stanley Consultants, Inc., and Integrated Logistical Support, Inc. (R-002-2023, R-005-2023, R-010-2023)

Governance Committee

The Governance Committee will discuss the 2023 Board/Committee calendar. The body will also enter an executive session to evaluate the character, professional competence, and fitness of the Executive Director.

• Resolution (R-019-2023) 2023 Board/Committee Calendar
• Executive Director evaluation in executive session

The committee agreed to defer the Board/Committee schedule to the regular board meeting. Members entered and exited an executive session to discuss Executive Director Evaluation Criteria, with further discussion requested for January 23, 2023.

• Deferred Board/Committee schedule to the regular board meeting
• Approved motion to enter Executive Session to discuss Executive Director Evaluation Criteria
• Approved motion to exit Executive Session