Water & Wastewater Market Recap, February 2023

By FirmoGraphs Staff
Power Round Up December 2020 Power Lines Solar Power Panels

The February 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.

Industry Drivers

Drivers Power Generation Roundup-min

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.

EPA Announces Financial Capability Guidance to Support Communities and Ensure Clean, Affordable Water

Status: Effective

Organization: US Environmental Protection Agency  

Summary: On February 1, 2023, the US Environmental Protection Agency released its updated Clean Water Act Financial Capability Assessment (FCA) Guidance to assist communities in ensuring financial feasibility and health protections while planning to comply with the Clean Water Act (CWA). The latest FCA Guidance updates provide better measures and procedures to assess the capabilities of communities to afford water quality infrastructure and highlight assistance programs, grants, and subsidized loans to plan and pay for necessary water infrastructure. The updated guidance is not legally binding but provides a starting point for negotiations.

Click Here for More Information

Notable Capital Improvement Programs

Depositphotos_7058400_s-2019

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.

Hampton Roads Sanitation District, Virginia, Planned Capital Spending Increases by 17%

In the CIP covering the 2023-2032 fiscal years, Hampton Roads Sanitation District (HRSD) detailed plans to spend $3.4 billion on capital projects, an increase of 17% from $2.9 billion in its 2022-2031 CIP. The current CIP has 220 funded projects, compared to 194 funded projects in the prior CIP. The table below breaks down HRSD planned capital spending by business area for its last two CIPs.

Planned Increases for Almost All Business Areas

In the current CIP, three business areas have increased the most: Administration, Army Base and Eastern Shore. However, categories with significant planned increase and most interesting projects are described below.

  • Atlantic - An increase of $64 million, or 82%, is due to new projects in the current CIP. The largest project is ATP Solids Handling Improvements and Odor Control Upgrades Phase I. The project involves replacement of two of the aging and inefficient odor control units with one larger unit with a project value of $26 million.
  • Future Improvement - For both previous and current CIPs, there is only one project: Interceptor System Rehabilitation and Replacement. The project is a placeholder to meet future year spending targets, and it is related to undefined rehabilitation or replacement interceptor projects. It has increased from $217 million to $281.2 million, or 30% from the previous CIP.
  • Nansemond - An increase of $69.9 million or 20% is due to new projects and an increment of the project value of twelve projects from the previous CIP. New projects amount to $37.9 million; the largest is related to the Wilroy Pressure Reducing Station and Off-line Storage Facility. This project is about installing New Pressure Reducing Station (Prs) With 80 Feet Of Assistance; the project value is $27 million.

Major Planned Investments for Water Treatment Facilities

HRSD planned spending has two notable projects in the current CIP under the General Business area, both concerning swift water delivery. One is the VIP SWIFT Facility, which includes water treatment facilities needed to produce swift water at the VIP Treatment Plant. The second is Nansemond SWIFT Facility, and it will consist of advanced water treatment facilities required to make swift water at the Nansemond Treatment Plant. The value for both notable projects is $334.1 million and $306.4 million, respectively. 

Click Here to See HRSD, Virginia, CIP

City of Gilbert, Arizona, Planned Capital Spending Increases by Over 20%

In the CIP covering the 2023-2032 fiscal years, City of Gilbert detailed plans to spend nearly $3.4 billion on capital projects, an increase of 20.1% from $2.8 billion in its 2022-2031 CIP. The current CIP has 345 discrete projects, compared to 309 projects in the prior CIP. The table below breaks down City of Gilbert’s planned capital spending by business area for its last two CIPs.

Major Planned Increase for Street Improvements

Planned Spending on the Street Improvements increased by 24.5% to 843.2 million. The increase goes to new projects such as Val Vista Drive and McQueen Road, and Union Pacific Railroad (UPRR) Improvements and Grade Separation worth nearly $26.5 million each. The Water Improvements and Park and Recreation Improvements also increased by 15.8% and 15.3% with funding towards ongoing improvements or projects.

Water Improvement Project to Receive Over $400 Million in Funding

Three notable projects are valued at more than $100 million in the City of Gilbert’s recent CIP. First, the North Water Treatment Plant is the largest single project valued at $447.3 million under the Water Improvements category. This project involves the construction of a new 60 million gallons a day (MGD) surface water treatment plant located directly east of the North Water Treatment Plant. In addition, under the Water Improvements category is the Asbestos Concrete Pipe (ACP) Water Line Replacements valued at $200.3 million throughout Gilbert’s water distribution system. Lastly, the Parks and Recreation will also get a notable project, the Gilbert Regional Park Phase 2 and 3, valued at $164.1 million for flood control, stormwater retention, and park and recreation amenities. 

Click Here to See City of Gilbert, Arizona, CIP

Notable M&A

Depositphotos_4659189_s-2019

The following M&A transactions in the Water and Wastewater Industry stand out in the month of February:


What We Are Reading

Reading News and Market Updates

Here are some recent articles our team has been reading:


Meeting Planner

Fiscal Year Planning-min

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 water and wastewater industry 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

Meetings in March and April 2023

Name Organization

Name Meeting Key

Date Start

Date End

Alabama Rural Water Association

ARWA  Alabama Rural Water Association Annual Technical Training Conference

2023-03-19

2023-03-22

Water Environment Federation

WEF Forum – Intensification of Resource Recovery

2023-03-20

2023-03-22

Montana Rural Water Systems, Inc.

MRWS Technical Conference & Exhibition

2023-03-22

2023-03-24

American Water Works Association, Pennsylvania Section

PA-AWWA PRWA Annual Conference

2023-03-27

2023-03-30

Pennsylvania Rural Water Association

PRWA Annual Conference

2023-03-27

2023-03-30

Kansas Rural Water Association

KRWA Annual Conference & Exhibition

2023-03-28

2023-03-30

Water Environment Federation

WEF/AWWA Utility Management Conference

2023-03-28

2023-03-31

Texas Rural Water Association

TRWA RuralWaterCon

2023-03-30

2023-03-31

Wisconsin Rural Water Association WRWA Annual Technical Conference 2023-04-04 2023-04-07
American Water Works Association, New England Section NE-AWWA Spring Joint Regional Conference & Exhibition 2023-04-05 2023-04-06
American Water Works Association, Indiana Section IN-AWWA Annual Conference 2023-04-10 2023-04-13
American Water Works Association AWWA Sustainable Water Management Conference 2023-04-16 2023-04-19
Virginia Rural Water Association VRWA Virginia Rural Water Association Conference and Technical Exposition 2023-04-17 2023-04-19
Oklahoma Rural Water Association ORWA Oklahoma Rural Water Association Annual Technical Conference 2023-04-19 2023-04-21

Call for Papers


Early Bird Registrations

Tags: water, wastewater