BLACK & VEATCH
As we reviewed survey results and conducted subsequent analysis, common themes emerged that centered on financial issues, sustainability and optimized asset management practices. What is unique is that these are not stand-alone themes. Rather, each is intertwined with the others in terms of alleviating challenges or hindering future opportunity.
The survey results confirm that the financial needs of water utilities truly are the overarching challenge for the industry. Funding is grossly inadequate to upgrade infrastructure that, for the most part, is well past its useful lifespan. Sustainability and asset management are key solutions to the financial puzzle. By reducing energy needs, conserving water, prioritizing capital and implementing asset management frameworks, utilities can do more with less. The challenge is that all of these solutions still require funding and force the continuous
cycle of “do what you can” prioritization.
New thinking is needed to break this cycle and boost infrastructure spending and invest in the future of our nation’s infrastructure. This report not only demonstrates the current views of industry and utility leaders related to key issues but also provides recommendations and opportunities to propel the industry forward.
About Black & Veatch
Black & Veatch Corporation is a leading global engineering, consulting and construction company with the mission of Building a World of Difference®. By advancing the frontiers of knowledge, we provide our clients with reliable solutions to their most complex challenges, thereby helping improve and sustain the quality of life around the world.