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Water Infrastructure: T ime for P3s?

Water Infrastructure: T ime for P3s?. P3 Connect, July 2014 Tom Curtis, AWWA. The State of US Water Infrastructure. ASCE Report Card Water = D+ AWWA Buried No Longer Report $1.7 t rillion through 2050 Just for drinking water infrastructure. How Did We Get That Number?.

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Water Infrastructure: T ime for P3s?

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  1. Water Infrastructure:Time for P3s? P3 Connect, July 2014 Tom Curtis, AWWA

  2. The State of US Water Infrastructure ASCE Report Card Water = D+ AWWA Buried No Longer Report $1.7 trillion through 2050 Just for drinking water infrastructure

  3. How Did We Get That Number?

  4. Growth of US Water Systems

  5. Pipe Use by Material

  6. Pipe Service Lives by Material

  7. The Bottom Line The needs are very large… They are coming… And will keep coming… As demographic echoes of our past investments

  8. What About Wastewater? WW needs are at least as great as drinking water Many billions of dollars in current and near-term needs

  9. Other Imperatives New Standards Water supplies Adaptation to climate change Resilience

  10. How Do We Pay for This? Water is 3x more capital intensive than other urban / suburban utilities There is very limited directfederal support for municipal water and wastewater projects Water projects are locally financed through customer water bills

  11. What’s Wrong with the Old Tools? Nothing – AWWA strongly supports them But they have significant limitations… We need to add to the tool box: both SRFs and WIFIA

  12. What’s Wrong with the Old Tools? Nothing – AWWA strongly supports them But they have significant limitations… We need to add to the tool box: both SRFs and WIFIA

  13. WIFIA – A New Financing Tool Loans for larger water and wastewater projects that are too big for the State Revolving Funds Up to 35 years at Treasury rates Helpful to utilities – and their customers – at no long-term cost to US taxpayers

  14. A New Funding Tool

  15. Questions?

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