Water Finance

EPA announces $50 million in grants for stormwater, sewer needs

EPA announces $50 million in grants for stormwater, sewer needs

The U.S. Environmental Protection Agency (EPA) recently announced the availability of nearly $50 million in regular funding through the Sewer Overflow and Stormwater Reuse Municipal Grant program to help communities address stormwater and sewer infrastructure needs. States may now apply for grant assistance to fundRead More

Revisiting WIFIA Sub-UST Interest Rates for SRFs

Revisiting WIFIA Sub-UST Interest Rates for SRFs

By John Ryan The WIFIA loan program offers an interest rate derived from current U.S. Treasury (UST) yields at loan closing. Other large-scale federal infrastructure loan programs like TIFIA and CIFIA do the same. The underlying idea is that the loan should cover the government’sRead More

California attorney general leads coalition opposing 3M PFAS settlement

California attorney general leads coalition opposing 3M PFAS settlement

California Attorney General Rob Bonta last week, leading a bipartisan coalition of 22 attorneys general, announced the state’s opposition to a proposed class action settlement that he says fails to adequately hold accountable the 3M Company for contaminating Americans’ drinking water supply. Under the proposed settlement, water providers wouldRead More

BlueConduit introduces lead service line cost estimator

BlueConduit introduces lead service line cost estimator

Rehab & Replacement, Water Finance, Water Management July 19, 2023 at 12:55 pm

As water utilities across the United States work to find and replace lead service lines (LSLs), many are doing so without knowing just how many are in their system. To help utilities plan, water analytics company BlueConduit has launched a free LSL count and replacementRead More

NACWA warns against proposed ‘radical spending cuts’ to SRFs in FY24

NACWA warns against proposed ‘radical spending cuts’ to SRFs in FY24

The National Association of Clean Water Agencies (NACWA) expressed deep concern last week about the potential for Congress to move forward on massive spending cuts being proposed for the Clean and Drinking Water State Revolving Fund (SRF) programs. These programs had been previously designated forRead More

2023 Water Finance Conference to convene CFOs, utility finance experts in Cleveland this week

2023 Water Finance Conference to convene CFOs, utility finance experts in Cleveland this week

9th annual event to feature expert presentations and discussions around water/wastewater utility finance, customer affordability, Bipartisan Infrastructure Law, Lead and Copper Rule Revisions, and much more The 2023 Water Finance Conference, an educational seminar exclusively for water utility finance professionals, is returning to Cleveland, Ohio,Read More

3M to pay at least $10.3 billion as major PFAS settlement reached

3M to pay at least $10.3 billion as major PFAS settlement reached

Chemical manufacturing company 3M announced it has agreed to pay at least $10.3 billion in lawsuit settlements over contamination of water systems from PFAS, harmful chemical compounds the water sector has been cracking down on. If approved by the court, it would be the largestRead More

The True Cost of Claims

The True Cost of Claims

Water Finance June 23, 2023 at 11:00 am

By Phil Bowles Owners and managers responsible for handling and procuring their business insurance often feel a twinge when the terms accident, claim, or loss are uttered. Often these terms mean some singular event must be managed, and afterward, the firm continues its regular business.Read More

Brown and Caldwell adds new water finance expert

Brown and Caldwell adds new water finance expert

Water Finance June 23, 2023 at 9:00 am

Brown and Caldwell is expanding its funding and finance group as it announced Seema Chavan has joined the firm as vice president and senior director of strategic funding. With a 20-year background in the water and wastewater industry, Brown and Caldwell said Chavan is uniquelyRead More

2023 Water Finance Conference to include Cleveland Water, NEORSD site visits

2023 Water Finance Conference to include Cleveland Water, NEORSD site visits

As part of the 2023 Water Finance Conference, Aug. 8-9 in Cleveland, Ohio, attendees will have the opportunity to tour Cleveland Water’s Garrett A. Morgan Water Treatment Plant and visit the Northeast Ohio Regional Sewer District’s (NEORSD) nearby Superior Avenue Pump Station. Cleveland Water’s GarrettRead More