FirmoGraphs keeps its clients up to date on capital plans of interest for long-term business development. We help our customers use this information to gain a competitive advantage and improve proactive conversations with their clients. We recently processed the latest capital spending plan by the City of Westminster, Colorado. Here are our observations.
In the CIP covering the 2023-2027 fiscal years, City of Westminster detailed plans to spend $471.2 million on capital projects, an increase of 162% from $179.8 million in its 2022-2026 CIP. The current CIP has 164 discrete line items, compared to 158 in the prior CIP. The table below breaks down the City of Westminster planned capital spending by business area for its last two CIPs.
*Numbers are Rounded
Largest Increase Planned for Public Utilities
Planned spending in the Public Utilities category increased by 515% to $347.4 million. The increase goes to new and existing projects, including a $150 million placeholder for a future replacement or rehabilitation of the City’s aging Semper Water Treatment Plant.
Over $200 Million Planned Investment in Water - Related Projects
The City of Westminster has one project valued at more than $100 million and five items valued at more than $10 million, all belonging to the Public Works & Utilities category. The largest project is the above-mentioned Semper Project Placeholder, worth $150 million. Other notable projects are listed below:
- Wattenberg Gravel Lakes - valued at $15.5 million. The project will provide a new pump station and pipelines at the Wattenberg Gravel site for raw water exchanges.
- Lowell Boulevard Pipeline - Uplands Connectivity - valued at $15.2 million. The project involves replacing 87th Avenue with 96th Avenue.
- General Pump Stations R&R - valued at $14.7 million. It will replace the aging pump station piping and major mechanical and electrical equipment.
- 120th Water Pipeline Replacement - valued at $12.5 million.
- Big Dry Creek Wastewater Treatment Facility R&R - Abasins & Headworks - valued at $12 million.
How FirmoGraphs Can Help
FirmoGraphs curates data about U.S. public sector markets, including capital plans, regulatory developments, and other critical information. We help our customers use this information to gain competitive advantage and improve proactive conversations with their clients. We’d be glad to meet with you and help your company sort through the wealth of information in capital plans and other publicly available documents. Feel free to request a meeting and review the data live in our Business Intelligence platform.