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) October 1, 2007
AMERICAN STATES WATER COMPANY
(Exact name of registrant as specified in its charter)
California 001-14431 95-4676679
(State or other (Commission File Number) (I.R.S. Employer
jurisdiction of Identification No.)
incorporation or
organization)
630 East Foothill Blvd.
San Dimas, California 91773
(Address of principal (Zip Code)
executive offices)
Registrant's telephone number, including area code: (909) 394-3600
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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 October 1, 2007 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 Fort
Bragg, North Carolina. 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.
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Section 9 - Financial Statement and Exhibits
Item 9.01. Financial Statements and Exhibits
Exhibit No. Description
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99.1 Press Release: American States Water Company Announces Award of
Privatization Contract for Fort Bragg, North Carolina
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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: October 1, 2007 /s/ Robert J. Sprowls
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Robert J. Sprowls
Sr. Vice President, Chief Financial
Officer, Treasurer and Corporate
Secretary
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Exhibit 99.1
American States Water Company Announces Award of Privatization
Contract for Fort Bragg, North Carolina
SAN DIMAS, Calif.--(BUSINESS WIRE)--Oct. 1, 2007--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 Fort Bragg,
North Carolina. According to the agreement, the aggregate award of
this contract is estimated at more than $575 million over a 50-year
period and is also subject to periodic price re-determination
adjustments and modifications for changes in circumstances.
Old North Utility Services, Inc., a wholly-owned subsidiary 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 water and wastewater utility systems. The
agreement is subject to the expiration of a 120-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 this agreement establishes ASUS as the premier
provider of water and wastewater services to the United States
military and marks another important continuing milestone in American
States Water Company's growth strategy. ASUS currently operates at
seven other military bases across the country, and has a number of
additional bids outstanding for similar contracts. We look forward to
providing other United States military bases 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
255,000 customers) and to over 13,000 customers in the city of
Fountain Hills, Arizona and a small portion of Scottsdale, Arizona.
The Company also distributes electricity to over 23,000 customers in
the Big Bear recreational area of California. Through its
non-regulated subsidiary, American States Utility Services, Inc., the
Company contracts with the U.S. Government and private entities to
provide various services, including water marketing and operation and
maintenance of water and wastewater systems.
CONTACT: American States Water Company
Robert J. Sprowls
Senior Vice President, Chief Financial Officer,
Treasurer and Corporate Secretary
909-394-3600