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 from Inland Empire Utilities Agency, California. Here are the insights we observed.
In the CIP covering the 2022-2031 Fiscal Years, Inland Empire Utilities Agency plans to spend $927.4 million on capital projects, an increase of 0.7% from nearly $920.7 million in its 2020-2029 CIP. The current CIP has 153 discrete projects, compared to 101 projects in the prior CIP. The table below breaks down Inland Empire Utilities Agency’s planned capital spending by business area for its last two CIPs.
*Numbers are Rounded
$20 Million for New Projects
Inland Empire Utilities Agency’s most recent CIP plans to spend $140.4 million on Regional Wastewater Operations and Maintenance, a 32.9% increase from last year’s planned spending, partially due to the Advanced Water Purification Facility project, valued at $11.3 million. The Water Resources/ Wastewater business area also increased by 160.6%. The $19.9 million increase is due to the 22 new projects. The Regional Wastewater Capital Improvement category cut its spending to $67.4 million, a 10% decrease resulting from the Liquids Expansion and Solids Treatment Facility projects that will be completed by FY 2024/25.
Planned Investments in Biosolids, Plant Expansions
The current CIP contains 153 projects, with 3 projects valued at more than $100 million. Despite the decrease in Regional Wastewater Capital Improvement spending, it gets the three most significant projects. The largest single project is the construction of the Regional Plant (RP)-5 Biosolids Facility, a new solid handling facility to meet the agency’s needs throughout the decommissioning of the Regional Plant No. 2 site, worth $182.8 million. Another $167.4 is planned for the RP-5 Expansion to 30 million gallons per day (mgd) project to improve the tertiary treatment and lining of the recycled water lagoon. Additionally, $100 million is programmed for the Thickening Building & Acid Phase Digester project.
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.
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