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Water Finance

Texas Voters Pass $2 Billion Water Bill

adminDecember 6, 20130

Last month, Texas voters approved a plan that will authorize $2 billion in state funding to finance 50 years of water infrastructure projects. The money will come via a transfer from the state?s Rainy Day Fund, which is flush as a result of oil and gas revenue.

Water Finance

Shreveport Agrees to $342 Million Sewer Upgrades for CWA Compliance

adminDecember 6, 20130

The City of Shreveport, La., has agreed to make significant upgrades to reduce overflows from its sanitary sewer system and pay a $650,000 civil penalty to resolve Clean Water Act (CWA) violations stemming from illegal discharges of raw sewage, the Department of Justice and the U.S. EPA announced last month. The state of Louisiana, a co-plaintiff in this case, will receive half of the civil penalty.

Water Management

EPA Report Highlights Importance of Water to U.S. Economy

adminDecember 6, 20130

The U.S. EPA is releasing a synthesis report on ?The Importance of Water to the U.S. Economy.? The report is intended to help raise the awareness of water?s importance to our national economic welfare and to summarize information that public and private decision-makers can use to better manage the nation?s water resources.

Water Management

City of Baltimore Contracts Itron for AMI Project

adminDecember 6, 20130

The City of Baltimore?s Board of Estimates has awarded Itron, Inc., the contract for its Advanced Metering Infrastructure and Water Meter System Installation Program. The program will upgrade the City of Baltimore and Baltimore County?s water metering infrastructure with the goal of improving customer service and billing accuracy for all of the bureau?s water customers. Baltimore City?s Bureau of Water and Wastewater is the supplier of water to 1.8 million people in the Baltimore Metro Area.

Water Management

Krausz Industries Opens New U.S. Facility

adminDecember 5, 20130

Krausz Industries, based in Israel, recently announced the official opening of its new Ocala, Fla., facility that will provide coupling and repair clamp solutions for the U.S. water and wastewater industry.

Water Management

House Passes Bill to Exempt Hydrants from Lead Content Law

adminDecember 4, 20130

The AWWA is reporting that the U.S. House of Representatives has unanimously passed a bipartisan bill that would exempt fire hydrants from being subject to lead-safety regulations for drinking water that go into effect Jan. 4, 2014.

Water Management

National Council for Public-Private Partnerships Elects New Leadership

adminDecember 3, 20130

The National Council for Public-Private Partnerships? (NCPPP) Board of Directors has elected a new leadership team for 2014 to accelerate the non-profit, non-partisan organization?s mission to advocate for public-private partnerships (PPPs) and provide related training and educational programs to a growing list of public- and private-sector members and organizations.

Water Management

Report: Credit Quality Remains Strong for Clean, Drinking Water SRF Programs

adminDecember 2, 20130

According to a recent report released by Standard & Poor?s, bonds issued under U.S. clean water and drinking water state revolving fund programs (SRFs) continue to enjoy very strong and stable credit quality.

Water Finance

Edwards Assumes Role as Black & Veatch Chairman, President and CEO

adminDecember 2, 20130

On Nov. 27, Steve Edwards became the new chairman, president and CEO of Black & Veatch succeeding Len Rodman. The formal transition occurs as Rodman retires from Black & Veatch after 42 years with the company and 15 years as CEO.

Water Management

Water, Wastewater Included in New Infrastructure Legislation

adminDecember 2, 20130

Last month, a bipartisan coalition of 10 senators led by U.S. Sen. Mark R. Warner (D-Va.), introduced legislation for a new infrastructure financing authority to help states and localities better leverage private funds to build and maintain the nation?s outdated infrastructure.