THE PROCESS FOR COMPLETING A STORMWATER TREATMENT PURCHASE IS AS FOLLOWS:
WEBINAR: Smart Ponds 101
Join the National Stormwater Trust, Inc. for a complimentary webinar, “Smart Ponds 101,” featuring Jeff Littlejohn, P.E., and special guest Dayton Marchese, P.E., from OptiRTC.
📅 Date: Thursday, August 24
🕒 Time: 11 AM to 12 PM (EDT)
🔗 Register Now: Click here
Don’t miss this opportunity to engage with industry leaders shaping the future of water management!
We’ll share case studies on a traditional pond versus a Smart Pond, plus insights on how you can save money and land, while better protecting people, property, and the environment.
National Stormwater Trust, Inc. is an approved Florida Board of Professional Engineers Florida Continuing Education Provider. Registered P.E.s can earn 1 Professional Development Hour (PDH) for attending the live webinar.
For more information, please contact Erin Klores at eklores@nationalstormwater.com.
Potential purchaser determines
Potential Purchaser (or their consultant) determines the quantity of stormwater treatment capacity required for a specific project.
Purchaser contacts NST
Purchaser contacts NST to determine stormwater capacity availability and timing.
Purchaser and NST enter into a capacity
Purchaser and NST enter into a Capacity Reservation Agreement. This Reservation Agreement locks in pricing and availability for a defined term to provide documentation and assurance to Purchaser during project design and permitting.
If capacity is not already available
If capacity is not already available, NST acquires a site-specific lease from FDOT and modifies the FDOT stormwater permit to create additional capacity. This typically takes 30-90 days to complete.
Purchaser and NST enter
Purchaser and NST enter into Capacity Purchase Agreement, which documents the amount of capacity allocated to the Purchaser for a specific project.
The transaction closes
The transaction closes with NST providing Purchaser a Capacity Allocation Certificate in exchange for the contracted purchase price.
CONTACT US BELOW TO GET STARTED