K&M served as the transaction advisor to the Empresa de Acueducto y Alcantarillado de Pereira (EAA) on the development of a new wastewater treatment plant for Pereira. K&M’s work was organized in two phases. During phase I, K&M conducted a technical, economic, financial and environmental feasibility study for the construction of a new wastewater treatment plant on a Build-Own-Operate-Transfer basis. During phase II, K&M prepared preliminary design and specifications of the wastewater treatment plant (including size and technology); drafted the service contract; developed financial models; performed risk analysis; reviewed institutional, legal and regulatory framework; and prepared the international competitive bid and tender process to attract private investors.