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
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.
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.
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
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:
- 60-Year wait ends as Arkansas Valley clean water pipeline project begins construction
- New Jersey launches dashboard to track water infrastructure funding
- PFAS/Stormwater Enforcement: U.S. Environmental Protection Agency Announces Issuance of Administrative Compliance Order on Consent to a Parkersburg, West Virginia, Organic Chemical Manufacturing Facility
- Governor Hochul approves $51 million for clean water, drinking infrastructure projects in New York
- Stronghold Engineering wins $208 million Grand Canyon waterline rehabilitation contract
- Xylem completes acquisition of Evoqua in $7.5B transaction
- EPA selects recipients for $25.7 million in technical assistance funding to help rural communities access clean water
- Eastman Chemical Resins Inc. to pay $2.4 million penalty for multiple environmental violations at West Elizabeth Pa. facility
- Minnesota invests $240 million to replace lead pipes across the state
- EPA Proposes Updated Protection for Boston Coastal Waters in New Draft Permit for MWRA Deer Island Facility and 43 Contributing Communities
- Placer County Supervisors approve $28 million sewer line project in west Placer
Meeting Planner
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
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Name Organization |
Name Meeting Key |
Date Start |
Date End |
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American Water Works Association |
2023-06-11 |
2023-06-14 |
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Engineers' Society of Western Pennsylvania |
2023-06-12 |
2023-06-14 |
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Water Environment Federation |
2023-06-27 |
2023-06-30 |
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Water Environment Federation |
2023-06-27 |
2023-06-29 |
|
|
Texas Rural Water Association |
2023-07-12 |
2023-07-13 |
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American Water Resources Association |
2023-07-17 |
2023-07-19 |
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International Water Services Association |
2023-07-23 |
2023-07-26 |
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American Water Works Association |
AWWA Potable Reuse and Biological Treatment Symposium |
2023-07-24 |
2023-07-26 |
Call for Papers
- Event: AIRW Annual Fall Conference
Dates: October 17-19, 2023
Deadline for Call for Papers: June 30, 2023 - Event: AWWA Membrane Technology Conference & Exposition
Dates: March 4-7, 2024
Deadline for Call for Papers: July 13, 2023
Early Bird Registrations
- Event: AWWA Potable Reuse and Biological Treatment Symposium
Dates: July 24-26 2023
Deadline for Early Registration: June 23, 2023 - Event: WEFTEC Conference and Exhibition
Dates: September 30-October 4, 2023
Deadline for Early Registration: July 14, 2023
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