- Bulletin Board
- New Products
WASHINGTON — In a testimony before a U.S. Congressional subcommittee, the American Water Works Association (AWWA) endorsed draft legislation that would create a Water Infrastructure Finance and Innovation Authority (WIFIA) to reduce the cost of water infrastructure projects for utility customers, according to a press release.
The testimony came one day after AWWA, the world’s largest association of water professionals, released an extensive analysis that showed the cost of repairing and expanding U.S. drinking water infrastructure will top $1 trillion in the next 25 years and $1.7 trillion over 40 years, noted the release.
“In short, WIFIA will allow our nation to build more water infrastructure at less cost,” said Aurel Arndt, general manager of Lehigh County Authority in Allentown, Pa. “And to top that, we will get a cleaner environment, better public health and safety and a stronger foundation for our economy.”
To read the entire press release, click here.