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The 2021 signing of the Infrastructure Investment and Jobs Act (IIJA) appropriated a historic US$63.3 billion for U.S. water infrastructure and Western Water Infrastructure from 2022–2026. Most of this funding is allocated to the Environmental Protection Agency’s State Revolving Fund (SRF) program. At the midway point of the five-year funding period, it’s clear that the disbursement of federal funding has been slow; only US$1.8 billion of the total US$43.5 billion appropriated to SRFs has been paid out or ‘outlaid’ to state agencies for distribution to utility-level projects.
In this Quarterly Review:
- IIJA impact on project-level activity is slow to materialize
- Alternative delivery models are redefining water and wastewater infrastructure projects
- EPA pursuing water quality regulations for several chemicals of concern, including PFAS, nitrate, lead, and vinyl chloride
- Strategic partnerships and M&A reflect positioning for growth and market leadership
- Canadian government moves forward with new water agency, funding for freshwater protection
