Water Finance

AWWA: Source water protection, financing now top sector priorities as rehab/replace dethroned

AWWA: Source water protection, financing now top sector priorities as rehab/replace dethroned

The American Water Works Association (AWWA) recently released its 2024 State of the Water Industry report, providing insights into the challenges and priorities facing the water sector. As part of the survey and report, AWWA regularly ranks the top challenges and priorities facing the sector.Read More

Using Vendor Benchmark Data to Determine a Cost-Effective Leak Detection Program

Using Vendor Benchmark Data to Determine a Cost-Effective Leak Detection Program

Water Finance, Water Loss, Water Management May 28, 2024 at 8:20 am

By Paul Gagliardo The typical municipal procurement process utilizes the age old “low bid” process. A detailed specification is created, and vendors provide a sealed bid. The low bid wins and the agency hopes it gets what it really wants. This works with static productsRead More

Report: At least $630 billion needed for wastewater, stormwater over next 20 years

Report: At least $630 billion needed for wastewater, stormwater over next 20 years

Water Finance May 20, 2024 at 7:52 am

The U.S. Environmental Protection Agency recently transmitted a report to Congress outlining clean water infrastructure investments – including wastewater and stormwater system upgrades – that are needed over the next 20 years. Through the Clean Watersheds Needs Survey, states and U.S. territories report on futureRead More

EPA announces $3 billion for LSL replacements

EPA announces $3 billion for LSL replacements

Last week, the U.S. Environmental Protection Agency (EPA) announced $3 billion from President Joe Biden’s Investing in America agenda to help every state and territory identify and replace lead service lines, preventing exposure to lead in drinking water. Funded by the Bipartisan Infrastructure Law and madeRead More

Annual poll examines voter opinions on water investment, affordability

Annual poll examines voter opinions on water investment, affordability

Water Finance May 6, 2024 at 9:56 am

The Value of Water Campaign recently released the results of its ninth annual national poll of more than 1,000 American voters to better understand their opinions on the nation’s water infrastructure. The poll was conducted by the bipartisan research team of Fairbank, Maslin, Maullin, Metz,Read More

AWWA offers strong support of permanent low-income water assistance program

AWWA offers strong support of permanent low-income water assistance program

Rates & Affordability, Water Finance April 29, 2024 at 7:52 am

The American Water Works Association (AWWA) has offered its strong support for the proposed Low-Income Household Water Assistance Program Establishment Act. The bipartisan legislation introduced in the U.S. House of Representatives would permanently establish low-income water assistance for families struggling to access affordable drinking water and wastewater services.Read More

EPA designates PFOA, PFOS as hazardous substances under CERCLA

EPA designates PFOA, PFOS as hazardous substances under CERCLA

The U.S. Environmental Protection Agency (EPA) on Friday finalized more regulatory action on PFAS as it moved to designate perfluorooctanoic acid (PFOA) and perfluorooctanesulfonic acid (PFOS), as hazardous substances under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), also known as Superfund. EPA also releasedRead More

Merger complex like a puzzle - pictured as word Merger on a puzzle pieces to show that Merger can be difficult and needs cooperating pieces that fit together, 3d illustration

Corix, SouthWest Water merger creates newly formed Nexus Water Group

Private Financing / P3s, Water Management April 10, 2024 at 8:15 am

Corix Infrastructure (U.S.), Inc. and SouthWest Water Company completed the merger of their water and wastewater businesses to create Nexus Water Group, Inc. (“Nexus Water Group”), a leading regulated water and wastewater utility. The closing of the merger was completed April 1, 2024. According toRead More

Where do utility legal settlements for PFAS stand?

Where do utility legal settlements for PFAS stand?

Legal Corner, Water Finance April 8, 2024 at 9:01 am

By Ken Sansone & Mike DiGiannantonio With EPA’s National Primary Drinking Water Regulation for PFAS now finalized, the recently announced 3M and DuPont settlements, stemming from the ongoing Aqueous Film-Forming Foam (AFFF) Multi-District Litigation (MDL) promise access to billions of dollars to cover PFAS treatmentRead More

EPA announces $10 million WIFIA loan to Memphis

EPA announces $10 million WIFIA loan to Memphis

Public Utility Finance, Water Finance April 8, 2024 at 8:20 am

The U.S. Environmental Protection Agency (EPA) has announced a $10 million Water Infrastructure Finance and Innovation Act (WIFIA) loan to the City of Memphis, Tennessee. EPA said the loan will support critical stormwater infrastructure updates to improve the city’s resiliency to storms. The City ofRead More