The February 2024 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: Environmental Protection Agency (EPA)
Summary: On February 1, 2024, the U.S. Environmental Protection Agency (EPA) introduced two proposed rules to address per- and polyfluoroalkyl substances (PFAS) and authorized states to regulate and clean up PFAS under the nation's hazardous waste law, the Resource Conservation and Recovery Act (RCRA). The first rule would clarify the definition of hazardous waste and the authority to require corrective action for PFAS and other substances at 1,740 permitted facilities across the country. The second rule would add multiple PFAS compounds to the list of hazardous constituents subject to facility assessments and cleanup actions.
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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 2024-2028 fiscal years, City of Kalamazoo, Michigan, detailed plans to spend $587 million on capital projects, an increase of 40% from $420 million in its 2023-2027 CIP. The current CIP has 336 line items, compared to 269 line items in the prior CIP. The table below breaks down City of Kalamazoo’s planned capital spending by business area for its last two CIPs.
Many of the business areas decreased. The most significant decrease goes to the Water Infrastructure category, with a 28% reduction due to the Water Infrastructure program nearing completion. Despite the decrease, the recent CIP still increases because of the addition of the Residual Biosolids category, amounting to $136 million. In addition, planned spending in Water Source and Pumping increased by 88% for the Sta #5 Booster Pump House Replacement, which increased by $29 million.
The City of Kalamazoo, Michigan, has one notable line item valued at over $100 million and two at over $25 million. The largest line item is the Kwrp Sustainable Residual Biosolids, worth $136 million, under the Residual Biosolids category. In the Water Source and Pumping category, $40 million is planned for the Sta #5 Booster Pump House Replacement. Lastly, $27 million goes to the Richland & Ross Pfas Water Main Extension under the Water Infrastructure category.
Click Here to See City of Kalamazoo, Michigan, CIP
In the CIP covering the 2024-2028 fiscal years, City of Decatur, Illinois, detailed plans to spend $291 million on capital projects, an increase of 29% from $226 million in its 2023-2027 CIP. The current CIP has 89 line items, compared to 97 line items in the prior CIP. The table below breaks down City of Decatur’s planned capital spending by business area for its last two CIPs.
The Public Works category has the largest funding in the recent CIP, which also increased by 52% going for new programs, such as Ne Quadrant Water Capacity Increase and Lead Service Line Replacement Program, worth nearly $29 million and $18 million, respectively.
The City of Decatur has three notable line items valued at over $10 million. The largest line item is the Brush College And Reas Bridge Road Sewer Extension, under the Sanitary Sewer category, worth $26 million. Another $14 million is planned for the Broadway and Jasper Street Sewer Rehabilitation. Lastly, $21 million goes to the Brush College Grade Separation project, under the State Motor Fuel category.
Click Here to See City of City of Decatur, Illinois, CIP
In the CIP covering the 2024-2028 fiscal years, City of Brooklyn Center, Minnesota, detailed plans to spend $242 million on capital projects, an increase of 20% from $202 million in its 2023-2027 CIP. The current CIP has 144 line items, compared to 138 line items in the prior CIP. The table below breaks down City of Brooklyn Center’s planned capital spending by business area for its last two CIPs.
Planned spending in the Street and Utility category increased by nearly $20 million with funding towards ongoing projects. The Miscellaneous projects also increased by 41% due to the new Community Center: Phase 1 project.
The City of Brooklyn Center, Minnesota has one notable line item valued at over $25 million and four at over $10 million. The largest line item is the TH 252/66th Interchange and 70th Pedestrian Overpass, worth $35 million, under the Miscellaneous Projects category. The proposed interchange and overpass project will improve roadway safety, enhance traffic operations, reduce access points and provide improved bicycle and pedestrian facilities, converting the southerly portion of TH 252 to a freeway. Other notable line items include:
Click Here to See City of Brooklyn Center, Minnesota, CIP
In the CIP covering the 2024-2029 fiscal years, City of Temple, Texas, detailed plans to spend $535 million billion on capital projects, an increase of 45% from $370 million in its 2023-2028 CIP. The current CIP has 110 line items, compared to 66 line items in the prior CIP. The table below breaks down City of Temple’s planned capital spending by business area for its last two CIPs.
Planned spending in the Facilities category increased largely by 1,661% due to 11 more projects in the recent CIP. The Wastewater category also increased by 38%, with funding for existing projects. There is also a new project in the Water category, the construction of the Northwest 36" Transmission Main, worth nearly $15 million.
The City of Temple, Texas, has two notable line items valued at over $20 million under the Wastewater category. The largest line item is the Temple-Belton Wastewater Treatment Plant Expansion, Phase II, worth nearly $40 million. The other one is the Doshier Wastewater Treatment Plant Expansion, worth $20 million and expected to start construction in Fiscal Year 2026.
Click Here to See City of Temple, Texas, CIP
The following M&A transactions in the Water and Wastewater Industry stood out in the month of February:
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.
Name Organization |
Name Meeting |
Date Start |
Date End |
American Water Works Association, South Carolina Section | SC-AWWA South Carolina Environmental Conference | 2024-03-10 | 2024-03-13 |
WateReuse Association | WateReuse Association Annual Symposium | 2024-03-11 | 2024-03-14 |
National Ground Water Association | NGWA Pacific Northwest Ground Water Exposition | 2024-03-15 | 2024-03-16 |
Association of Metropolitan Water Agencies | AMWA Water Policy Conference | 2024-03-18 | 2024-03-20 |
American Water Works Association, New Jersey Section | AWWA NJ Annual Conference | 2024-03-19 | 2024-03-22 |
American Water Works Association, Arizona Section | AZ-AWWA Water Annual Research Symposium | 2024-03-22 | 2024-03-22 |
American Water Resources Association | AWRA Geospatial Water Technology Conference | 2024-03-25 | 2024-03-27 |
Engineers' Society of Western Pennsylvania | ESWP Pennsylvania Brownfields Conference | 2024-03-25 | 2024-03-27 |
American Water Works Association, Florida Section |
2024-04-02 |
2024-04-06 |
|
Idaho Rural Water Association |
2024-04-03 |
2024-04-05 |
|
National Association of Clean Water Agencies |
2024-04-07 |
2024-04-13 |
|
American Water Resources Association |
2024-04-08 |
2024-04-10 |
|
American Water Works Association, Indiana Section |
2024-04-08 |
2024-04-11 |
|
American Water Works Association, New York Section |
2024-04-09 |
2024-04-11 |
|
National Association of Clean Water Agencies |
2024-04-09 |
2024-04-09 |
|
Water Environment Federation |
2024-04-09 |
2024-04-12 |
|
American Water Works Association, Illinois Section |
2024-04-15 |
2024-04-17 |
|
National Ground Water Association |
NGWA Groundwater in the PFAS Era: Stressors, Protection, and Compliance |
2024-04-16 |
2024-04-17 |
American Water Works Association, Arizona Section |
2024-04-23 |
2024-04-25 |
|
American Water Works Association, British Columbia Section |
2024-04-28 |
2024-04-30 |