Water Finance

AWWA launches ‘Buried No Longer’ financial forecasting tool

AWWA launches ‘Buried No Longer’ financial forecasting tool

May 22, 2017 at 7:10 am 0 comments

Last week, as part of its observance of Infrastructure Week, the American Water Works Association announced the launch of its new Buried No Longer (BNL) tool. The BNL online tool offers water and wastewater utilities the opportunity to accurately forecast the cost of their water and wastewater pipe repair andRead More

WSSC approves nearly $150 million in infrastructure repairs

WSSC approves nearly $150 million in infrastructure repairs

May 22, 2017 at 7:00 am 0 comments

Commissioners for the Washington Suburban Sanitary Commission recently approved three contracts totaling $149.5 million to repair and replace aging infrastructure and meet future water supply demands for Montgomery and Prince George’s County residents. The largest contract, valued at $135 million, involves paving, roadway and sidewalk restoration throughout both counties, whichRead More

NAWC’s Deane: Infrastructure neglect makes U.S. ‘less competitive’

NAWC’s Deane: Infrastructure neglect makes U.S. ‘less competitive’

May 18, 2017 at 12:00 pm 0 comments

The National Association of Water Companies (NAWC) joined more than 150 organizations supporting Infrastructure Week 2017, May 15-19, to elevate infrastructure as a critical issue impacting all Americans. Much of America’s water infrastructure is outdated, overused and underserviced. Many of our water pipes are more than 100 years old –Read More

sf.WaterMain
Construction crew strikes water main at Geary and Montgomety streets

Poll: Americans demand federal action on infrastructure

May 16, 2017 at 12:43 pm 0 comments

The Value of Water Campaign recently released the results to a new poll that reveals Americans’ level of satisfaction with infrastructure systems and emphasis being placed on prioritizing critical projects by the federal government. The poll, commissioned by the Value of Water Campaign, found that more than any other issue, AmericansRead More

EPA to fund Oklahoma nonpoint-source pollution projects

EPA to fund Oklahoma nonpoint-source pollution projects

May 11, 2017 at 9:29 am 0 comments

The U.S. Environmental Protection Agency (EPA) recently awarded $855,0000 to the Oklahoma Office of the Secretary of Energy to support management of nonpoint-source water pollution. The funding will be used for a variety of projects designed to improve water quality in several priority watersheds. “Improving the Nation’s water is oneRead More

AWWA applauds Congress for WIFIA boost

AWWA applauds Congress for WIFIA boost

May 10, 2017 at 8:23 am 0 comments

The American Water Works Association applauded Congress for appropriating an additional $10 million for the Water Infrastructure Finance and Innovation Act (WIFIA). The additional $10 million brings WIFIA funding in 2017 to $30 million, which can leverage an estimated $1.5 billion in federal loans. Because WIFIA can only fund 49 percent ofRead More

FY17 Omnibus bill lifts WIFIA funding

FY17 Omnibus bill lifts WIFIA funding

May 8, 2017 at 7:00 am 0 comments

The $1.017 trillion omnibus appropriations bill signed in early May by President Donald Trump finalizes federal agency budgets for the remainder of the 2017 fiscal year and removes the immediate threat of a government shutdown. The bill slightly reduces overall EPA appropriations, but also delivers fresh new funding for the Water InfrastructureRead More

Raftelis hires Mastracchio to head new Albany office

Raftelis hires Mastracchio to head new Albany office

May 4, 2017 at 12:19 pm 0 comments

Raftelis Financial Consultants, Inc. (RFC) has announced the hiring of John Mastracchio as a vice president. Mastracchio, who lives in the Albany area, will head up the new RFC office in Albany, N.Y. Mastracchio has more than 22 years of experience as a financial and management consultant serving the utility, governmentalRead More

AWWA urges increased WIFIA funding as demand grows

AWWA urges increased WIFIA funding as demand grows

May 4, 2017 at 9:44 am 0 comments

The American Water Works Association (AWWA) celebrated news that 43 entities have expressed interest in loans through the Water Infrastructure Finance and Innovation Act (WIFIA) and urged increased funding to confront the U.S. water infrastructure challenge. AWWA, the chief architect of the WIFIA program, continues to advocate for WIFIA andRead More

Fitch: WIFIA could provide long overdue boost to water projects

Fitch: WIFIA could provide long overdue boost to water projects

May 4, 2017 at 8:45 am 0 comments

According to a new report from Fitch Ratings, water and sewer utilities throughout the country are faced with aging infrastructure and a rather large price tag to rectify it, which could pave the way for substantially more investment in the space. The California drought, the Flint, Mich., toxic water crisisRead More

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