Everyone seems to agree that effectively and efficiently managing water utilities is of the utmost importance; everyone also seems to agree, unfortunately, that maintaining, rehabilitating and replacing facilities’ infrastructure comes with a formidable price tag.
Many utilities around the country and around the globe continue to put off critical maintenance projects because of insufficient funding, and many are unable to generate enough revenue to cove the full cost of the services they provide.
One way for utilities to get by in today’s tough economic climate is by having a comprehensive asset management plan in place, which not only can help the utilities to identify ongoing infrastructure investment needs, but also can help maximize the efficiency of the status quo.
What kind of asset management plan does your utility have in place, and how effective is it? Let SWS know by e-mailing [email protected].
