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President Trump Signed the Bill for EPA's WIFIA Program: What to Expect? (EGY774F)

Presented by: Vince Marchesani, Ph.D.
 
(*) Single User Price. For multiple users please call 1-800-223-8720
Pre Recorded Webinar
60 minutes
  •  Wed, July 12, 2017
Event Description
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Requirements of the WIFIA Program: Eligible Borrowers, Projects & Costs, Terms & Conditions, & Credit Policies.

In a recent news release, The United States Environmental Protection Agency (EPA) reported that President Donald Trump signed the EPA Water Infrastructure Finance and Innovation Act (WIFIA) on May 5, 2017. As a result, the EPA program received an additional $8 million for credit subsidy in the Consolidated Appropriations Act of 2017. This additional funding combined with the $17 million appropriated for credit subsidy in December 2016 permits the WIFIA program to lend approximately $1.5 billion for water infrastructure projects.

The news release further stated that these funds, in addition to other sources of funds—such as the EPA’s State Revolving Fund Loans, private equity contributions, and municipal bonds—could address over $12 billion and infrastructure needs. Entities are seeking financing for a wide array of water and wastewater projects including but not limited to repair, rehabilitation and replacement of aging treatment plants and pipe systems along with the construction of new infrastructure for desalinization, water recycling and drought mitigation.

Understanding the water infrastructure problems and issues is important to understanding its magnitude. While Flint, Michigan brought the issue of water infrastructure deterioration to the surface, many more cities and towns throughout the United States will be identifying similar issues and problems in the future.

The deterioration of the Flint Michigan water and wastewater systems represents only the tip of the iceberg. Aging cities, both small and large, and industry with older facilities can expect similar issues and problems over time. In addition, the deterioration of highways and bridges throughout the United States represents similar infrastructure problems.

However, this is only the beginning of the needs to repair an aging infrastructure presently satisfying water and wastewater needs throughout the country. The news release also reports that EPA is currently evaluating projects regarding project eligibility, credit worthiness, engineering feasibility and alignment with WIFIA statutory and regulatory criteria.

It is highly likely that the funds set aside in the WIFIA program will need to be increased, as more communities step forward seeking assistance regarding their water infrastructure. In addition to deterioration of water and wastewater infrastructure for older communities, industries with older manufacturing plants will have similar infrastructure deterioration in need of repair and or replacement. We have our work cut out for us; but with proper planning an adequate funding we can satisfy the infrastructure problems of the United States.

Join this session where expert speaker Vince Marchesani, Ph.D., will discuss the requirements of the WIFIA program, which include: eligible borrowers, eligible projects, eligible costs, terms and conditions, and credit policies.

This session will help you to consider the present condition of your water and wastewater systems. It will help identify some of the tools available for you to learn about the condition of your water and wastewater systems. The session will also provide you with a mechanism for possible funding to correct or improve deteriorating water and wastewater systems. Further, it will encourage you to think of other projects that EPA considers priorities for funding.

Session Highlights

This session will help you learn about the history that lead to the deterioration of water and wastewater infrastructure. In addition, you will learn about the EPA prioritization process. The session will provide you with answers to questions concerning the WIFIA requirements to apply for funding.

The EPA has identified project priorities. Therefore, in requesting project funding, priority will be given to those seeking funds for projects in line with the following priorities:

  • Adaptation to extreme weather and climate change including enhanced infrastructure resiliency, water recycling and reuse, managed aquifer recovery
  • Enhanced energy efficiency of treatment works, public water systems, and conveyance systems, including innovative, energy efficient nutrient treatment
  • Green infrastructure
  • Repair, rehabilitation, and replacement of aging infrastructure and conveyance systems

Who Should Attend

  • Management and middle management of community water and wastewater systems
  • Personnel responsible for water and wastewater management systems for a corporation
  • C-Suite Executives
  • In-House and Outside Counsel
  • Regulatory and Compliance Personnel
  • Small businesses responsible for compliance with environmental laws
  • Private landowners responsible for compliance with environmental laws
  • Local and state government officials responsible for compliance with environmental laws
  • Trade associations that represent landowners, businesses and public groups impacted by regulation of surface water in the United States
  • Representatives at waste water recycling services
  • Renewable Energy Professionals
About Our Speaker(s)

Vince Marchesani | Environmental Regulations SpeakerVince Marchesani Ph.D.
Dr. Vince J. Marchesani is the President and CEO of Environmental, Health and Safety International, LLC. Vince has held the position of VP, Environmental, Health and Safety (EHS) at Basell (retired). He has 30+ years of experience in the chemical industry. His educational qualifications include B.S. and M.S. degrees fr... More info

 
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    Subject: You might be interested in this event from AudioSolutionz
    Event Title: President Trump Signed the Bill for EPA's WIFIA Program: What to Expect?
    Presenter(s): Vince Marchesani, Ph.D.

 
 
 
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