The December 2023 Water and Wastewater Market Recap covers interesting and useful water industry news for this month. It contains updates on industry drivers, notable projects, and recent mergers and acquisitions, as well as some interesting reads, and upcoming upcoming meetings and conferences.
Our data team tracks major developments in the water industry, which we call drivers. Here are some of the most important drivers from last month.
Status: Proposed
Organization: California Water Resources Control Board (CWRCB)
Summary: On December 19, 2023, the California Water Resources Control Board unanimously approved regulations allowing water systems to develop treatment protocols for converting wastewater into high-quality drinking water. This approach supports California's Water Supply Strategy to enhance resilience in hotter, drier conditions. Direct potable reuse allows water systems to generate climate-resilient water sources, contributing additional drinking water while reducing wastewater discharge. The regulations, developed over several years and involving public input, provide flexibility for alternative treatment techniques and collaboration among agencies on reuse projects. Once finalized in 2024, water systems can submit direct potable reuse project plans for approval.
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Here are some recent, notable Capital Improvement Programs (CIPs). FirmoGraphs has deconstructed the CIPs into data elements, along with available project descriptions. Please feel free to request a meeting and review the data live in our business intelligence application.
In the CIP covering the 2024-2033 fiscal years, City of Hendersonville, North Carolina, detailed plans to spend nearly $437 million on capital projects, an increase of 13% from $386 million in its 2023-2032 CIP. The current CIP has 309 line items, compared to 286 line items in the prior CIP. The table below breaks down Hendersonville’s planned capital spending by business area for its last two CIPs.
Planned spending in the City Engineer increased by 149% for new projects, including the Above the Mud Greenway & Streetscape, #22008, worth $13 million. On the other hand, the Fire category decreased by 52% due to the Fire Station #1 Construction #19019, worth nearly $12 million, which will be completed in 2023.
Out of 309 line items, the City of Hendersonville has three notable line items valued at over $25 million, all belonging to the Water and Sewer Capital Fund. The largest line item is the Wastewater Treatment Plant 7.8 M Facility Expansion, worth $44 million. Another $36 million is planned for the Water Treatment Plant Expansion to 18.0 million gallons daily (MGD). Lastly, nearly $30 million goes to Wastewater Treatment Plant Headworks and Flow Equalization.
Click Here to See City of Hendersonville, North Carolina, CIP
In the CIP covering the 2024-2029 fiscal years, City of Novi, Michigan, detailed plans to spend $204 million on capital projects, an increase of 14% from $178 million in its 2023-2028 CIP. The current CIP has 147 line items, compared to 151 line items in the prior CIP. The table below breaks down City of Novi’s planned capital spending by business area for its last two CIPs.
Most of the business areas increased. The most significant goes to the Sanitary Sewer category, which increased by 299% due to the new project, the Huron-Rouge Sewage Disposal System (HRSDS) Interceptor Rehabilitation, worth $18 million.
The City of Novi, Michigan has three notable line items valued at over $10 million. The most significant line item is the Huron-Rouge Sewage Disposal System (HRSDS) Interceptor Rehabilitation, worth $18 million, under the Sanitary Sewer category. The other two belong to the Roads category, which are the Beck Road Widening (10 Mile Road to 11 Mile Road) and (9 Mile Road to 10 Mile Road) including signal modernizations - pursuing outside funding, worth $13 million and $10 million, respectively.
Click Here to See City of Novi, Michigan, CIP
In the CIP covering the 2024-2033 fiscal years, City of Peoria, Arizona, detailed plans to spend nearly $1.1 billion on capital projects, an increase of 2% from $1.08 billion in its 2023-2032 CIP. The current CIP has 235 line items, compared to 240 line items in the prior CIP. The table below breaks down City of Peoria’s planned capital spending by business area for its last two CIPs.
There is a significant decrease in the Parks and Recreation category due to projects completed and nearing completion, including the 85-acre Paloma Community Park construction. Despite the decrease, the current CIP increased because most business areas increased. Planned spending in the Water category increased by 35%, going to existing projects and a new project, the Agua Fria West Wellfield, worth $39 million. In addition, Economic Development rose by 190% due to the Downtown Redevelopment, worth $15 million, which focuses on creating a ‘place to be’ for families while improving the economic vitality of the Downtown area.
The City of Peoria, Arizona, has five notable line items valued at over $25 million. The most significant line item is the Jomax WRF Expansion, worth 64 million, under the Wastewater category. This project will include designing and constructing an expansion to the Jomax Water Reclamation Facility (WRF) located just north of the Beardsley Canal and west of the Agua Fria River. Other notable line items include:
Click Here to See City of Peoria, Arizona CIP
In the CIP covering the 2024-2033 fiscal years, City of Greensboro, North Carolina, detailed plans to spend $2.1 billion on capital projects, an increase of 9% from $1.9 billion in its 2023-2032 CIP. The current CIP has 327 line items, compared to 308 line items in the prior CIP. The table below breaks down City of Greensboro’s planned capital spending by business area for its last two CIPs.
Planned spending in the Water Resources category increased by 28% with funding towards existing and new projects. There are also new projects under the Parks and Recreation category, including the Windsor Chavis Community Complex, which resulted in a nearly $120 million increase in this category. On the other hand, the Transportation category decreased by 43% due to projects nearing completion.
The City of Peoria, Arizona, has five notable line items valued at over $25 million. The most significant line item is the Jomax WRF Expansion, worth 64 million, under the Wastewater category. This project will include designing and constructing an expansion to the Jomax Water Reclamation Facility (WRF) located just north of the Beardsley Canal and west of the Agua Fria River. Other notable line items include:
Click Here to See City of Greensboro, North Carolina, CIP
The following M&A transactions in the Water and Wastewater Industry stood out in the month of December:
Here are some recent articles our team has been reading:
In this over-digitized age, there is no replacement for face-to-face meetings with your prospects and customers! We track meetings of interest to our customers serving the US power generation and supply industry so you won’t miss upcoming meetings and deadlines. Also, FirmoGraphs has recently implemented a free-of-charge service for tracking notable infrastructure events.
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Name Organization |
Name Meeting Key |
Date Start |
Date End |
| American Water Works Association, Arizona Section | AZ-AWWA Arizona PFAS Forum: Industry Perspectives on Solutions | 2024-01-09 | 2024-01-09 |
| National Association of Clean Water Agencies | NACWA Winter Conference |
2024-02-13 | 2024-02-16 |
| Water Environment Federation | WEF/AWWA Utility Management Conference | 2024-02-13 | 2024-02-16 |