On January 15th a tentative agreement between the Department of Water Resources (DWR) and a yet to be created Joint Powers Authority (JPA) composed of public water agencies that would pay for the estimated $15 billion WaterFix project was released.  

The terms under which the DWR and the water agencies would coordinate are contained in the agreement – which will not be effective until it is approved by both DWR and the created  JPA at some point after the project is permitted by the various federal and state agencies.    

The tentative design and construction agreement can be accessed here.