The Value of Construction Work Plans

For an electric distribution cooperative to borrow money for system improvements, a Construction Work Plan (CWP) is required. The CWP is a four-year planning document establishing the improvement needs for the electric utility. The CWP is used to obtain a loan from Rural Utilities Services (RUS) or other sources to construct the required facilities. RUS, as the typical lender, establishes the required content for the CWP.