Water World Asset Management
Asset Management: Using Alternative Materials to Address Replacement Cost and Maintenance Concerns In the 21st century, water util-ity management professionals for both water and sewer systems strive to implement asset management programs in order to better manage their aging wet infrastructure. In 2012, a Black and Veatch survey1 on the US water industry found that the top asset management issues were all financially driven, namely addressing aging water and sewer infrastructure, managing capital costs, funding or availability of capital, and energy costs. In 2013, a McGraw Hill Construction study, conducted in partnership with CH2M Hill,2 confirmed that 75% of utilities implementing asset management programs did so because of their concerns with aging infrastructure. Major studies from the US Mayor’s Water Council,the USEPA,4 the Congressional Budget Office,5 US Government Accountability Office,6 the American Water Works Association7 and others all conclude that the costs associa...