Our June 2021 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:
EPA Awards $388M WIFIA Loan for Innovative Water Project
Status: Effective
Organization: U.S. Environmental Protection Agency (EPA)
Summary: On June 4, 2021, the Environmental Protection Agency said it will loan $388 million to the East County Joint Powers Authority for its Advanced Water Purification Project. The Project involves forming a new, local, sustainable drinking water source to reduce easten San Diego County’s dependency on water imported from out of state and improve climate resilience. This loan is a part of the Water Infrastructure Finance and Innovation Act (WIFIA).
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PFAS Action Act
Status: Proposed
Organization: House of Representatives
Summary: On June 16, 2021, the House Energy and Commerce Subcommittee advanced PFAS Action Act, initially introduced in April. The Act would form a national drinking water standard for PFAS chemicals, designate PFAS as hazardous substances, limit industrial discharges, and provide $200 million annually to help water utilities and wastewater treatment facilities.
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Pre-publication Notice for TSCA Section 8(a)(7) Reporting and Recordkeeping Requirements for Perfluoroalkyl and Polyfluoroalkyl Substances
Status: Proposed
Organization: U.S. Environmental Protection Agency (EPA)
Summary: On June 10, 2021, the Environmental Protection Agency (EPA) proposed reporting and recordkeeping requirements for Per- and Polyfluoroalkyl Substances (PFAS) under the Toxic Substances Control Act (TSCA). Under TSCA obligations, EPA proposes to require certain persons that manufacture (including import) or have manufactured these chemical substances in any year since January 1, 2011, to electronically report information regarding PFAS electronic uses, production volumes, disposal, exposures, and hazards. EPA is asking for comments on all aspects of this proposal in the period of 60 days since the day of the publication in the Federal Register.
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EPA Announces $569 Million WIFIA Loan for North Dakota
Status: Effective
Organization: U.S. Environmental Protection Agency (EPA)
Summary: On June 21, 2021, the Environmental Protection Agency said it will loan $569 million to the Fargo-Moorhead Metropolitan Area Stormwater Diversion Channel Project. The loan will help increase climate resilience by reducing flood risks. The Project involves two elements to manage uncontrolled stormwater that can affect the metro area. The stormwater diversion channel element entails constructing a 30-mile channel to redirect and temporarily store stormwater flows safely away from the metropolitan area. The in-town levee project involves modifications to 13 levees and 27 stormwater lift stations in Fargo, North Dakota, and Moorhead, Minnesota.
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Notable Capital Improvement Programs
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 the BI.
North Las Vegas City Council Reported $10.27% Decrease in Comparison to the Last Year CIP
In the year 2020, the Office of the City Manager of North Las Vegas, Nevada released the city’s 2021-2025 Capital Improvement Plan. The categories of expenditures in it are Transportation, Flood Control, Water, Sewer, Vehicles & Heavy Equipment, Parks & Recreation, Technology Improvements, Public Safety, Municipal Facilities and Downtown Redevelopment.
Looking back,the FY 2020-2024 proposed Capital Program totaled $586 million. The appropriations were designated for the Business Areas of Transportation ($180 million), Flood Control ($138 million), Water ($118 million), Sewer ($59 million), Vehicles & Heavy Equipment ($33 million), Parks & Recreation ($25 million), Technology Improvements ($12 million), Public Safety ($8 million), Municipal Facilities ($6 million) and Downtown Redevelopment ($4 million).
This year’s CIP totals $526 million, which is a decrease of 10.27%. The appropriations by Business Area are $11 million for Downtown Redevelopment; $160 million for Flood Control ; $6 million for Municipal Facilities; $21 million for Parks & Recreation; $31 million for Vehicles & Heavy Equipment;$171 million for Transportation; and $77 million for Water.
Source: http://www.cityofnorthlasvegas.com/docs/Finance/CIP/CIP_2021-2025.pdf
Water Utilities Department of Palm Beach County Spent $222 million Showing in 2021-2025 Capital Improvement Plan
In the year 2020, Palm Beach County released its 2021-2025 Capital Improvement Plan containing the following categories of appropriation: Facilities Development and Operations; Five Year Road Program; Water Utilities Department; Department of Airports;Engineering and Public Works;Parks and Recreation; Fire Rescue; Environmental Resources Management; Information Systems Services; Building Division; Non-Department and County Library.
The FY 2020-2024 proposed Capital Program totaled $1.3 billion with appropriations going to the Business Areas of Facilities Development and Operations ($349 million); Five Year Road Program ($231 million); Water Utilities Department ($212 million); Department of Airports ($142 million); Engineering and Public Works ($122 million); Parks and Recreation ($139 million); Fire Rescue ($51 million); Environmental Resources Management ($38 million); Information Systems Services ($21 million); Building Division ($47 million); Non-Department ($7 million) and County Library ($1.8 million).
This year’s CIP totals $1.5 billion, which is an increase of 13.07%. It appropriates money as follows: TheBusiness Area of Palm Beach County Facilities Development and Operations gets $484 million; the Five Year Road Program gets $231 million; the Water Utilities Department gets $222 million; theDepartment of Airports gets $169 million; Engineering and Public Works gets $169 million;Parks and Recreation gets $154 million; and Information Systems Services gets $29 million.
Source: https://discover.pbcgov.org/ofmb/budget/PDF/CIP/FY-2021-CIP.pdf
FirmoGraphs has recently published a blog on A Business Developer’s Guide to Capital Improvement Plans blog. FirmoGraphs's staff curates data and news about the US water & wastewater industry, including important regulatory changes, capital plans, and project awards. This information gives water & wastewater industry executives a leg-up in their local, state, and national business development activities within the United States.
Notable M&A
The following M&A transactions in the Water and Wastewater Industry stand out in the month of May:
What We Are Reading
Here are some recent articles our team has been reading:
- Yuba Water Agency pledges $6.5 million to community projects in Yuba County
- Journey of PFAS in wastewater facilities highlights regulation challenges
- Capacity upgrades to meet increasing demand and enhance aging infrastructure
Meeting Planner
Organizations have shifted their event strategies during the COVID-19 pandemic. We are tracking these changing meeting plans.
Meetings in June and July 2021
- NC AWWA-WEA Building Resilience and Managing Contemporary Water Sector Threats Seminar - Jul 14 - Jul 14, 2021
- AWWA ND Examining the Importance of Corrosion Control Research Webinar - Jul 14 - Jul 14, 2021
- AWE Land and Water Policy Specialty Conference - Jul 19 - Jul 21, 2021
- AWRA Summer Conference - Jul 19 - Jul 21, 2021
- AWWA Membrane Technology Conference & Exposition - Jul 19 - Jul 22, 2021
- GAWWA AWWA Membrane Technology Conference - Jul 19 - Jul 22, 2021
- AWWA ND Membrane Technology Conference & Exposition - Jul 19 - Jul 22, 2021
- NC AWWA-WEA Institute Hosted by Raleigh Water - Jul 20 - Jul 21, 2021
- AWWA ND Webinar from Innovyze: Digital Transformation in the Water Sector - Jul 20, 2021
- Arizona Water Reuse Symposium - Jul 25 - Jul 27, 2021
- AWWA ND One Water Technical Conference - Jul 26 - Jul 29, 2021
- ALMS-AWWA Join Annual Conference - Aug 1 - Aug 4, 2021
- AWWA The Utility Management Conference - Aug. 3 - Aug 6, 2021
- IL-AWWA Watercon - Aug 9 - Aug 11, 2021
- FSAWWA Region V Fourteenth Annual Water and Wastewater Expo - Aug 26, 2021
Early Birds Registration
- Event: NC AWWA-WEA 101ST Annual Conference
Dates: Nov 14 - Nov 15, 2021
Dates for Early Registration: July 19 - Sept 17, 2021 - Event: NE-AWWA Annual Conference
Dates: Sept 7 - Sept 10, 2021
Deadline for Early Registration: Aug. 13, 2021 - Event: IMS-AWWA Annual Conference "Resilience": Rising Above Everchanging Challenges Dates: Oct 6 - Oct 8, 2021
Deadline for Early Registration: Aug 13, 2021
Call for Papers
- Event: NC AWWA-WEA 101ST Annual Conference
Dates: Nov 14 - Nov 15, 2021
Call for Papers Deadline: July 30, 2021