Water & Wastewater Market Recap, May 2023

By FirmoGraphs Staff
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The May 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.

Notable Capital Improvement Programs

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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.

City of Clovis, California, Planned Capital Spending Increases by 3%

In the CIP covering the 2024-2028 fiscal year, the City of Clovis, California detailed plans to spend $726.7 million on capital projects, an increase of 3% from $704.7 million in its 2023-2027 CIP. The current CIP has 278 discrete line items, compared to 282 line items in the prior CIP. The table below breaks down Clovis’ planned capital spending by business area for its last two CIPs.

clovis california capital spending table

Planned Increases Due to New Projects

Planned spending on the Street Improvements category increased by 19%, from $75.4 million to $89.6 million. The increase originates from ongoing projects and a new project added, the street widening of DeWolf to Leonard, worth $8.6 million. An additional new project in the Street Improvements category, the Recharge Basin Park Barstow/Agua Dolce, and the construction of the park's amenities is worth $5.1 million. 

Water Capital Projects Gets over $90 Million of Investment

The City of Clovis has 278 line items; four are notable for over $25 million. The largest single project belongs to the Water Capital Projects category, which is the expansion of the Southeast- Surface Water Treatment Plant (SWTP) from 22.5 million gallons per day (MGD) to 45 MGD, costing $66 million. Another $65.5 million is planned under the same category for constructing a 20 million MGD SWTP in the city's northeast area. Park Improvements also gained a notable project, the construction of SR168/Enterprise Canal Pedestrian Bridge Phase II - Final Design Phase III, worth $27.1 million. 

Click Here to See City of Clovis, California, CIP

City of Sioux, Iowa, Planned Capital Program Increased by 132%

In the CIP covering the 2024-2028 fiscal years, the City of Sioux, Iowa detailed plans to spend $945.9 million on capital projects, an increase of 132% from $407.2 million in its 2023-2027 CIP. The current CIP has 165 line items, compared to 171 line items in the prior CIP. The table below breaks down Sioux City’s planned capital spending by business area for its last two CIPs.

sioux iowa capital spending table

Most Significant Increase in Wastewater & Environmental Area

Planned spending in the Wastewater & Environmental category increased by 1,114% due to the Wastewater Treatment Plant Facility Plan Improvements, worth $512 million. The project will be split into three phases and is expected to be completed in Fiscal Year 2029. The Airport category also increased by 48%, with funding going from $70.3 million to $104 million for existing Annual Airport Capital Projects. This project includes replacing and refurbishing the airport's paved and unpaved surfaces, electrical systems, buildings, and airfield-specific equipment. 

Public Works-Related Project Will Receive Over $20 Million of Investment

Two of the 165 line times in the recent CIP are notable and valued at over $10 million. The largest project belongs to the Public Works category, the Bacon Creek Culvert Improvements project, worth $20.4 million. The project involves replacing and repairing the Bacon Creek Box Culvert and the Gordon Drive Viaduct. Another notable project belongs to the Water and Underground Utilities category, the Outer Drive Pressure and Storage project, worth $11.7 million. This project allows for new water infrastructure to be placed along Outer Drive extended, 28th Street, the Highway 75 bypass, and South.

Click Here to See City of Sioux, Iowa, CIP

Notable M&A

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


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 so you won’t miss upcoming meetings and deadlines. Additionally, FirmoGraphs has recently implemented a free-of-charge service for tracking notable infrastructure events

Meetings in June and July 2023

Name Organization

Name Meeting Key

Date Start

Date End

American Water Works Association

AWWA ACE23 - Annual Conference and Exposition

2023-06-11

2023-06-14

Engineers' Society of Western Pennsylvania

ESWP The International Bridge Conference

2023-06-12

2023-06-14

Water Environment Federation

WEF Collection Systems Conference

2023-06-27

2023-06-30

Water Environment Federation

WEF Stormwater Summit

2023-06-27

2023-06-29

Texas Rural Water Association

TRWA Training & Technical Conference

2023-07-12

2023-07-13

American Water Resources Association

AWRA Summer Conference

2023-07-17

2023-07-19

International Water Services Association

IWA  Membrane Technology Conference & Exhibition

2023-07-23

2023-07-26

American Water Works Association

AWWA Potable Reuse and Biological Treatment Symposium

2023-07-24

2023-07-26



Call for Papers


Early Bird Registrations

Tags: water, wastewater