Water Finance

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

Small Systems Tackle Financial Challenges through Technical Assistance

Small Systems Tackle Financial Challenges through Technical Assistance

Financial Report, Guest Columns, Water Finance May 30, 2023 at 6:30 am

| By Dr. Ahmed Rachid El-Khattabi For years, thousands of small drinking water systems in the United States have been facing big financial challenges that undermine their ability to provide their customers with safe and affordable drinking water. As a result of these challenges, manyRead More

EPA issues order to Baltimore for SDWA compliance

EPA issues order to Baltimore for SDWA compliance

Public Utility Finance, Washington Report May 18, 2023 at 9:00 am

The U.S. Environmental Protection Agency (EPA) has issued a unilateral administrative order (UAO) to the City of Baltimore to comply with Safe Drinking Water Act (SDWA) safeguards designed to protect public health from “illnesses linked to Cryptosporidium, Giardia and other bacteria from animal waste whichRead More

BABA at the Bar

BABA at the Bar

Washington Report, Water Finance May 15, 2023 at 9:09 am

By Wayne Hofmann An engineer, a contractor and a utility owner walked into a bar. They had just finished a long day reviewing plans at the construction site, and they were all feeling a little drained. They ordered their drinks and saddled up to theRead More

Fitch Ratings: EPA’s cyber rules will add financial burden for utilities

Fitch Ratings: EPA’s cyber rules will add financial burden for utilities

According to a release from credit rating firm Fitch Ratings, the U.S. Environmental Protection Agency’s (EPA) requirement that all public water systems incorporate cyber risk and resiliency in their periodic reviews will add an increased regulatory and financial burden that could be even greater forRead More