March 2021's Water and Wastewater Market Recap is a snapshot of water industry insights. We share industry drivers, notable projects, recent mergers and acquisitions, interesting reads, and updates on upcoming meetings and conferences.
Industry Drivers
Our data team tracks new and updated industry drivers. Here are some recent drivers we have been following this month:
U.S. Infrastructure Receives C- Grade on ASCE’s 2021 Report Card
Status: Effective
Organization: The American Society of Civil Engineers (ASCE)
Summary: On March 3, 2021, the American Society of Civil Engineers issued its 2021 Report Card for America's Infrastructure, giving a grade C- to an overall infrastructure in the United States. Drinking water’s got C-, while wastewater scored a D+ and stormwater got a D.
Click here for more information.
Biden Delays Trump Changes to Lead and Copper Drinking Water Rule
Status: Effective
Organization: White House
Summary: On March 3, 2021, the President administration issued a statement saying it is postponing the application of a Donald Trump administration update to a rule governing lead and copper in drinking water.
Click here for more information.
EPA Celebrates World Water Day, Announces $2.7 Billion to Improve Water Infrastructure
Status: Effective
Organization: U.S. Environmental Protection Agency
Summary: On March 22, 2021, World Water Day, the EPA announced an opportunity worth $2.7 billion for State Revolving Funds (SRF) to help states, territories and tribes to bring safe water drinking and protect surface water through infrastructure projects. EPA is making available more than $1.1 billion in new federal grant funding for the Drinking Water SRF, and is also providing around $1.6 billion in new federal grant funding for the Clean Water SRF.
Click here for more information.
Drinking Water and Wastewater Infrastructure Act
Status: Proposed
Organization: United States Senate Committee on Environment and Public Works
Summary: On March 24, 2021, the U.S. Senate Environment & Public Works Committee passed the Drinking Water and Wastewater Infrastructure Act of 2021. The bill is intended to reauthorize many federal water infrastructure funding programs, while also adding new programs that will assist communities in water infrastructure challenges. The bill is anticipated to be considered in the Senate in April 2021.
Click here for more information.
Notable Capital Improvement Programs
Here is a recent, notable Capital Improvement Program (CIP). FirmoGraphs has deconstructed the CIP into data elements, along with available project descriptions. Request a meeting to review the data live in the BI tool.
Savannah Council Spent $61 Million on Water Improvement Showing the Expense in Capital Improvement Program 2021
In December 2020 Savannah Council released 2021-2025 Capital Improvement Plan showing the projects related to Water Improvements, Sanitation Improvements, Sewer Improvements, Recreation, Streets & Sidewalks, Drainage and Traffic Management.
This year’s CIP totals $358 million. The Business Area of Savannah Council’s Water Improvement is appropriated with $61 million, Sewer Improvement with $91 million, and Drainage with $90 million.
The current 2021-2025 Capital Program has intended funds for 77 projects in total. The highest valued CIP Projects include “Springfield Canal Drainage Improvements” for $46 million and “Casey South Drainage Improvements Phase II-A” for $40 million.
|
Business Area |
2020- 2029 CIP |
Expenses in % |
|
Sewer Improvements |
$91 million |
25.55% |
|
Drainage |
$90 million |
25.26% |
|
Water Improvements |
$60 million |
17.06% |
|
Streets & Sidewalks |
$56 million |
15.70% |
|
Community Development |
$22 million |
6.36% |
|
Other |
$14 million |
4.14% |
|
Public Building |
$9 million |
2.76% |
|
Traffic Management |
$4.5 million |
1.26% |
|
Squares & Monuments |
$3.5 million |
0.99% |
|
Cemetery |
$2.4 million |
0.40% |
|
Recreation |
$1.2 million |
0.35% |
|
Sanitation Improvements |
$0.6 million |
0.19% |
|
Total |
$357 million |
100% |
Source: https://www.savannahga.gov/DocumentCenter/View/20982/Adopted-2021---For-online-use?bidId=
Notable M&A
The following M&A transaction in the Water and Wastewater Industry stands out in the month of March:
- March 2, 2021, Global Water Resources agreed to acquire Twin Hawks Utility and Rincon Water Company.
Click here for more information.
What We Are Reading
Here are some recent articles our team has been readings:
- EPA Releases Testing Data Showing PFAS Contamination from Fluorinated Containers
- Kiewit-Stantec team breaks ground on Los Angeles groundwater remediation projects
- Construction begins on new membrane filtration reverse osmosis treatment facility
- U.S. EPA extends LCR effective date, but preparations should continue
- USGS Survey: Drought may increase arsenic levels in private wells
- San Antonio Water helps rescue community from arctic blast
Meeting Planner
Organizations have shifted their event strategies during the COVID-19 pandemic. We are tracking these changing meeting plans.
Meetings in April and May 2021
- AZ-AWWA - Annual Conference & Exhibition - 2021, Apr. 6 - Apr. 8, 2021
- NE-AWWA - Annual Conference - 2021, Apr. 6 - Apr. 8, 2021
- DBIA - Water/Wastewater Conference - 2021, Apr. 12 - Apr. 14, 2021
- IN-AWWA - Annual Conference - 2021, Apr. 19 - Apr. 21, 2021
- OWWA - Ontario's Water Conference & Trade Show - 2021, Apr. 19 - May 5, 2021
- MT-AWWA - Joint Conference - 2021, Apr. 21 - Apr. 22, 2021
- NACWA - National Water Policy Fly-In - 2021, Apr. 27 - Apr. 28, 2021
- ALMS-AWWA - Annual Conference - 2021, May 2 - May 5, 2021
- ACWA - Spring Conference & Exhibition - 2021, May 12 - May 13, 2021
- PA-AWWA - GCC Annual Conference - 2021, May 25 - May 26, 2021