infraManagement Group (iMG) is a Black & Veatch company that was born from the recognition of growing budget stress and ratepayer tension that cities and utilities like you are experiencing. iMG combines the technical resources of Black & Veatch with innovative financing solutions for a unique approach to water and wastewater infrastructure delivery.
Leaders in Asset Life Cycle Management
How can you deliver your capital programs and utility operational improvements when faced with conflicting priorities? The needs are real, the demands are increasing, but the money or resources just aren’t there. What if there were different ways to approach asset management of your utility, as well as the finance of your project and program needs?
The iMG model can be adapted to your specific needs and utilize the following tools: flexible financing solutions, best-practice asset management, increased efficiency, risk reduction and improved service levels. Additionally, you can leverage the value of your water and wastewater systems to fund other city-wide needs.
The iMG model is built around a Public Private Partnership (P3) concession or performance contracting structure. Financing options can be facilitated through infrastructure funds, pension funds, and/ or public-to-public partnerships.
iMG services include strategic planning, capital planning & prioritization, and operations and management (O&M) assistance and oversight. iMG works in partnership with clients to implement the solutions. We coordinate with financial partners to provide alternative funding resources for capital and/or operational improvement programs.
As an iMG client, we can help you:
Our clients have achieved 20 percent or greater reductions in capital costs. The explanation for such dramatic improvements is capital prioritization. Our proprietary capital planning process uses advanced analytics to quantify the likelihood and consequences of asset failure, leading to optimized and defensible capital improvement plans.
Tulsa Metropolitan Utility Authority
Winston-Salem / Forsyth County Utilities Commission
Improve facility management with O&M optimization. Our clients have gained 10 percent or greater reduction in operations and maintenance (O&M) costs. We follow and implement proven asset lifecycle management models, including using proactive asset management practices like condition assessments, deterioration modeling, and predictive analytics. This way, potential issues don't have a chance to become costly problems.
Iona Wastewater Treatment Plant
Louisville Utility and Public Works Advisory Group
Many municipalities face headwinds with funding capital programs. Where will the money come from? The optimal project finance solution frequently blends traditional and alternative capital resources. iMG helps facilitate flexible infrastructure financing solutions that maximize ratepayer and/or investor value.
* iMG is not an SEC registered municipal advisor. Read more.
Izmit Water Supply
Ajman Sewerage Company, Ltd.
Public-private partnerships can provide alternatives for publicly owned utilities
seeking funding for capital improvement plans and/or operational improvements. At
iMG, we support public-private partnerships that provide the best value-for-money
benefit to our clients and their stakeholders. Unique to iMG, we share the risk with
our clients to implement the agreed partnership model.
Concession agreements are ideal for public utility operators with major capital
improvement needs, limited financing options, and/or staffing challenges.
Concessions can also be used to assist in funding economic development and other
general fund obligations by realizing the value of existing assets. They typically range
from 30 to 50 years in length and involve entering into a partnership with the private
sector to manage their water and wastewater systems. The private partner provides
the necessary funding, management and technical expertise to deliver utility
operations and capital improvement. Under a Concession Agreement, iMG works with
the financial partner to deliver utility improvements, manage assets and staff, and
deliver the agreed upon level of service for the systems ratepayers.
Performance contracting is frequently the choice of public and investor-owned utility
managers seeking to reduce operational costs, find new revenue streams, and identify
refinancing opportunities for existing system debt. Performance contracts involve
comparing current operations against best practices, developing optimization plans,
and then implementing improvements in partnership with clients over an agreed-upon
period of time.
Primarily used as an offering for funds that own a large number of diverse
infrastructure assets, portfolio management helps them realize greater value from
their investments. As asset management specialists, iMG applies international best
practices for asset management, operational optimization, and capital prioritization
planning. Portfolio asset management reduces risk and cost, all while increasing
reliability and return on investment.
Dwr Cymru Welsh Water is one of the 10 regulated water and sewerage companies in England and Wales. The company delivers 900 million liters (237.8 million gallons) of drinking water each day to more than 3 million people living in Wales and adjoining parts of England. The company’s primary responsibility is to ensure a safe and reliable supply of drinking water for its customers and ensure effective treatment of wastewater to protect public health and the natural environment.
Black & Veatch was selected to assist with the management and evaluation of the HHWP power and civil asset facilities in California. These include raw water pipelines, tunnels and penstocks, among other assets. Services include project and program development and management, capital program prioritization and risk analysis.
Water Corporation is one of Australia's largest and most successful water service providers with more than $10 billion invested in water services infrastructure. The company provides water, wastewater, drainage and irrigation services to the burgeoning city of Perth and hundreds of Western Australian towns and communities spread over 2.5 million square kilometers.
South East Queensland was caught in the grip of a severe drought and faced stringent water restrictions. Water supply to two nearby power stations was threatened. The government needed a solution that would secure water supplies to the power stations, would help with drought-proofing the state and could be operational on an emergency schedule.
Our role is the management and operations of these biosolids facilities. This project is an alliance
with Anglian Water and included operations staff training. The alliance shares in any operational optimization gains after
investment capital has been recovered by Anglian Water. Benchmarks for operations are monitored on a monthly basis by the
Completed in 2013, this large metro wastewater system required operational support to meet more restrictive discharge
permit standards while the existing treatment facility was undergoing major renovation.
11401 Lamar Avenue
Overland Park, KS 66211
For more information contact us at: 913-458-3900 or