Infrastructure Investment

The recently passed U.S. Infrastructure Investment and Jobs Act (IIJA), a US$1.2 trillion infrastructure bill that includes US$550 billion in water & wastewater infrastructure. For water, this is a significant FIRST step to tackle some age-old problems like water quality and aging infrastructure, in addition to the mounting concerns over climate. Given that the funding will be rolled out over five years, this allows critical stakeholders to focus on projects of need rather than those that are “shovel ready.” The new infrastructure investment plan also further cements the State Revolving Fund (SRF) program, the primary means by which the federal and state governments provide financial support to water & wastewater infrastructure projects.  Learn More

Municipal utilities in the United States could be investing over US$104 billion in hardware and equipment by 2030. The myriad of network assets, including pipes, valves, manholes, and fire hydrants, currently makes up approximately 45% of utilities’ capital expenditures, when including labor. Underpinning this growth are new housing starts, a low-interest rate environment, and more recently, the Infrastructure Investment & Jobs Act.  Learn More

Across 31 developed countries in Europe, North America, and Asia-Pacific regions, more than US$2.9 trillion of utility assets—water, wastewater, and stormwater—are under management. Utilities are increasingly turning to advanced asset management solutions to gain efficiencies in operational and capital expenditures. New, more advanced solutions are impacting how utilities plan, design, operate, and maintain critical water infrastructure.  Learn More