UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) September 29, 2005
AMERICAN STATES WATER COMPANY
(Exact name of registrant as specified in its charter)
California 001-14431 95-4676679
(State or other jurisdiction of (Commission File Number) (I.R.S. Employer
incorporation or organization) Identification No.)
630 East Foothill Blvd.
San Dimas, California 91773
(Address of principal executive (Zip Code)
offices)
Registrant's telephone number, including area code: (909) 394-3600
- --------------------------------------------------------------------------------
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing requirement of the registrant under any of the
following provisions (see General Instruction A.2 below):
|_| Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the exchange Act (17
CFR 14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Section 7 - Regulation FD
Item 7.01. Regulation FD Disclosure
On September 29, 2005 American States Water Company announced today that its
American States Utility Services, Inc. ("ASUS") subsidiary has reached an
agreement to operate and maintain the water and wastewater systems at Andrews
Air Force Base in Maryland and Fort Story, Fort Eustis, and Fort Monroe in
Virginia. ASUS also reached an agreement to operate and maintain the wastewater
system at Fort Lee, Virginia. A copy of the Company's press release is attached
hereto as Exhibit 99.1.
This Form 8-K and the attached exhibit are furnished to, but not filed with, the
Securities and Exchange Commission.
- --------------------------------------------------------------------------------
Section 9 - Financial Statement and Exhibits
Item 9.01. Financial Statements and Exhibits
Exhibit No. Description
- ----------- -----------
99.1 Press Release: American States Water Company Announces
Award of Privatization Contracts for Andrews Air Force
Base, Maryland and Fort Story, Fort Monroe, Fort Eustis and
Fort Lee, Virginia
- --------------------------------------------------------------------------------
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
AMERICAN STATES WATER COMPANY
Date: September 29, 2005
/s/ Robert J. Sprowls
--------------------------------------------
Robert J. Sprowls
Sr. Vice President, Chief Financial Officer,
Treasurer and Corporate Secretary
- --------------------------------------------------------------------------------
Exhibit 99.1
American States Water Company Announces Award of Privatization
Contracts for Andrews Air Force Base, Maryland and Fort Story,
Fort Monroe, Fort Eustis and Fort Lee,Virginia
SAN DIMAS, Calif.--(BUSINESS WIRE)--Sept. 29, 2005--American States Water
Company (NYSE:AWR) announced today that its American States Utility Services,
Inc. ("ASUS") subsidiary has reached an agreement to operate and maintain the
water and wastewater systems at Andrews Air Force Base in Maryland and Fort
Story, Fort Eustis, and Fort Monroe in Virginia. ASUS also reached an agreement
to operate and maintain the wastewater system at Fort Lee, Virginia. According
to the agreements, the aggregate award of these contracts is estimated at more
than $238 million over a 50-year period and is subject to periodic price
re-determination adjustments and modifications for changes in circumstances.
Terrapin Utility Services, Inc. in Maryland and Old Dominion Utility
Services, Inc. in Virginia, wholly-owned subsidiaries of ASUS, will furnish all
necessary labor, management, supervision, permits, equipment, supplies,
materials, transportation and any other incidentals for the complete operation,
maintenance, repair, upgrades and improvements to the utility systems.
The agreements are subject to the expiration of a 90-day due diligence
period during which time the transition will be undertaken.
Commenting on the awards, Floyd E. Wicks, President and CEO stated, "The
signing of these agreements is a continuing part of the AWR growth strategy.
ASUS has a number of currently outstanding bids for similar contracts across the
country and we look forward to providing other installations of the United
States military with premier water and wastewater services."
Certain matters discussed in this news release with regard to the Company's
expectations may be forward-looking statements that involve risks and
uncertainties. The assumptions and risk factors that could cause actual results
to differ materially, include those described in the Company's Form 10-Q and
Form 10-K filed with the Securities and Exchange Commission.
American States Water Company is the parent of Golden State Water Company,
American States Utility Services, Inc. and Chaparral City Water Company. Through
its subsidiaries, AWR provides water service to 1 out of 30 Californians located
within 75 communities throughout 10 counties in Northern, Coastal and Southern
California (approximately 252,300 customers) and to approximately 12,800
customers in the city of Fountain Hills, Arizona and a small portion of
Scottsdale, Arizona. The Company also distributes electricity to approximately
22,800 customers in the Big Bear recreational area of California. Through its
non-regulated subsidiary, American States Utility Services, the Company
contracts with various municipalities, the U.S. Government and private entities
to provide various services, including billing and meter reading, water
marketing and operation and maintenance of water and wastewater systems.
CONTACT: American States Water Company
Robert J. Sprowls, 909-394-3600