Carolinas AGC’s Post

On Tuesday, January 30, 2024, the City of Lake Oswego exercised its right to off-ramp, opting not to proceed with a phase two 30-year P3 agreement with EPCOR to design, build, finance, operate, and maintain (DBFOM) a new wastewater treatment facility. The decision to off-ramp came after the parties successfully completed first phase preliminary services under a Progressive Public-Private-Partnership. In lieu of proceeding with EPCOR, Lake Oswego will leverage lower cost public financing and pursue a competitive procurement aimed at engaging an entity to complete the design and undertake construction, commissioning and (potentially) long-term operations and maintenance. The official press release can be found https://lnkd.in/eGRMVZ5i Progressive P3 are designed to allow the public sector to make fully informed decisions before engaging in long-term, often inflexible P3 arrangements. In this case, the decision to off-ramp came after the City meticulously assessed the proposed project under a P3 and determined that the private financing premium would materially increase the cost of the project for rate payers, making the project unaffordable, without providing additional service value. Consequently, exploring an alternative finance and delivery structure, such as DBO/M, was deemed preferable and in the public interest. It's important to keep in mind that this is precisely how progressive P3 are supposed to work, allowing the public authorities to make fully informed decisions. Under the progressive delivery model, the risk of "capture", as well as the lack of competitive pressure around pricing, have led many to be rightfully skeptical of this model. The actions taken by Lake Oswego should serve as an example to others. The progressive model aims to allow the public sector to deliver projects in the timeliest and most cost-effective manner, without necessarily locking them in prematurely to a P3. #p3 #water #wastewatertreatmentplant #waterinfrastructure #publicprivatepartnerships #publicpolicy #infrastructurefinance #infrastructureprojects #infrastructure #illuminatiinfrastructureadvisors #projectfinance #bipartisaninfrastructurelaw #progressivep3

Top stories today 💧 Independent monitor to oversee Thames Water https://buff.ly/3Wi6NIC Ofwat has announced plans to appoint an “independent monitor” to oversee Thames Water and is subjecting the company to a “Turnaround Oversight Regime” until it can demonstrate its financial resilience. To do so, Ofwat has suggested Thames could separate the business into two or more water companies or publicly list to secure additional equity. 💷 Ofwat cuts £16bn from business plans and curbs bill increases https://buff.ly/3YiHpEn Ofwat has told water companies that it wants to cut £16 billion from their combined spending ask for the next investment period (PR24). The regulator has proposed approving a spending package of £88 billion, in its draft determinations of water company business plans. While still £29 billion more than water companies were awarded in PR19, it represents a 15% decrease on the £104 billion requested in PR24 plans. 👨👩👧👦 Customers granted powers to summon water company board members https://buff.ly/3Wkddar New powers being proposed by government will see consumers able to summon board members and hold water executives to account. Environment secretary Steve Reed unveiled the plans as part of a series of “initial steps towards ending the crisis in the water sector”, ahead of a meeting with industry bosses where he will outline plans to work with the sector and investors to attract investment, jobs, and “clean up the nation’s polluted waterways”.

📢 Introducing Trend Talks: The EMCC - Road Safety As the industry leader in infrastructure safety, we're excited to introduce the first instalment of our trend talk series. This series shines the spotlight on the EMCC (Enhanced Mobile Carriageway Closure), a game-changing innovation that's transforming the way that high speed traffic management is delivered. John Mcgowan MIHE TechIOSH RegTTME(IHE), our framework manager for the Northwest, shares his insights on how the EMCC is revolutionising how we can all ensure safe working environments for road workers. This is a must-watch for all industry professionals committed to their teams' safety and well-being. Tune in to discover how the EMCC can transform your approach to road maintenance, construction and safety. Feel free to share your experiences and questions; we would love to hear your feedback. The full interview is available to watch now on our YouTube channel https://ow.ly/eHSv50SF3ib If you want to learn more about the benefits of EMCC, click the link below for more information. https://ow.ly/qQHl50SF3i9 #TrendTalk #EMCC #RoadSafety #InfrastructureSafety

Join us for an essential session at the IECA Great Rivers Conference: Navigating Clean Water Regulation: Best Practices and Compliance Strategies for Construction Site Management This insightful session will provide you with a comprehensive understanding of the Clean Water Act's impact on construction-related businesses. You’ll learn how to implement Best Management Practices (BMPs), optimize site performance, and ensure regulatory compliance, all while managing budgets effectively throughout your project’s lifecycle. Don’t miss out on this critical session—Register Now and secure your spot! https://lnkd.in/gu3cQygT #CleanWaterRegulation #ConstructionManagement #BestManagementPractices #BMPs

📰 DC Council Voted to Extend Data Verification Deadline to July 1  On Tuesday, March 5, the District of Columbia Council (Council) passed emergency legislation proposing to extend the District’s Benchmarking and Third-Party Data Verification deadlines for reporting 2023 data from April 1, 2024 to July 1, 2024. This emergency legislation was the result of building industry feedback and collaborative discussion between stakeholders, Department of Energy & Environment (DOEE), the BEPS Task Force, and Council to ensure that buildings have enough time to succeed with the new verification requirement. #benchmarking #beps Click think to find out more and what this means for buildings in the district. https://lnkd.in/d7UHKB8m

We work with PSDS Funded decarbonisation schemes. The Public Sector Decarbonisation Scheme (PSDS) supports the aim of reducing emissions from public sector buildings by 75% by 2037. We can assist with PSDS Applications to help public sector clients ease the cost of installing low carbon energy solutions, by securing government funding. Upgrading the nations infrastructure is no small task but with funds like these in-place offering £1.425 billion of support, we can work alongside organisations like the NHS and bring about a low carbon future. Planning an energy centre project this autumn? RMS can be of service form start to finish, design to implementation: rmsgroups.co.uk/ #RMSgroup #Heatpumps #Decarbonisation #WWHP #CHP #RenewableEnergy #RenewablesSpecialist #DesignandBuild #Engineering #Fabrication #PSDS #Off-siteBuilt #PackagedPlantRoom #Modular

Did you miss us at OEMC last week? We’ve got the expertise to support you in the planning and management of your unique municipal assets. From land development to waste resources to infill development, our team of engineers and ecologists have got you covered so that you can make decisions with confidence. https://lnkd.in/gBfjRDNU #AssetManagement #LandDevelopment #WasteResourceManagement

News from EU regulation on building level. The parliament approved the new Energy Performance of Buildings Directive #EPBD With requirements to life-cycle environmental performance and reference to EN15978 very relevant to ECO Platform‘s mission to ensure provision of consistent data for building assessments. Together with the new Construction Product Regulation #CPR an important step forward.

Don’t miss this chance to engage with experts in the field! Register today for our September 26th webinar on making Outcome-Based Policies effective and how to turn goals into reality. #EnergyAlliance #BPS #OBP REGISTER HERE: https://lnkd.in/dR5WeEcq #OBP #BPS #EnergyPolicy

CPM Pipelines invites you to join us in Booth 905 during AZ Water Association 97th Annual Conference, Arizona’s largest conference for professionals in the wastewater and water industry. CPM Pipelines invites you to join us in Booth 905 at AZ Water Association's 97th Annual Conference, Arizona’s largest conference for professionals in the wastewater and water industry. CPM’s team of experts will be on hand to discuss Acquaint’s cutting-edge inspection technologies that provide precedented system visibility, gathering precise data for informed decision-making. This data-driven approach enables the creation of actionable management programs, optimizing CIP spending, directing costs according to risk, and ensuring the reliability of your systems. It’s time to plug the leaks in budgets and embrace a proactive approach to asset management. The future of our infrastructure depends on it. Book a meeting with us during the conference using the link below, and let’s start a conversation about how we can work together to build a more resilient and sustainable future. https://lnkd.in/gBpeTrPZ   AZ Water Association 97th Annual Conference • April 23-25,2024 • Phoenix Convention Center, South Building Francisco Plaza Chris MacDonald #PressurePipeInspection #BulletLinerSystem #AcquaintAcquarius #AssetManagement #TrenchlessRehabilitation #ForceMainInspection