Wessex Water Chairman Sir Francis Yeoh has said current projections suggest that investment will need to increase at least threefold from current levels and “we stand ready to invest further in Wessex Water for a fair return, to help finance the much enlarged future investment programme.”
Consultants, contractors and investors have flagged up the risks and gaps regulators need to address to facilitate successful delivery of the 18 major schemes currently under development in the £14 billion RAPID programme.
Thames Water has gone out to tender with a major contract to put a Programme Partners Framework in place for its Strategic Resource Options projects worth an estimated £150 million – the water company has also this week separately tendered a £300 million SRO Technical Partners Framework.
Scottish Water invested a record £886 million in the last year – but the water company is warning it will need higher investment levels in future to maintain vital services in the face of a changing climate and ageing water and waste water assets.
Thames Water has gone out to tender with an AMP7/8 contract to put a Technical Partners Framework in place for its Strategic Resource Options Programmes worth an estimated £300 million.
Stephen Barge, chief engineer and Gwion Kennard, director digital engineering, Atkins, take a look at why future catchment management demands an integrated, digital approach.
Wessex Water is getting ready to start work on a multi-million pound investment in three schemes in Wiltshire, including a scheme of nearly £3 million to improve the sewer network in the centre of Bradford on Avon.
The Orkney Islands Council Harbour Authority has gone out to tender with a major construction contract for the Orkney Harbours Masterplan Phase 1 - Scapa Deep Water Quay worth an estimated £200 million. NOTE Deadline to tender has now been extended from 28 July to 28th August.
Ofwat has today confirmed its final decision to allow 33 infrastructure schemes, totalling £2.2 billion, with work valued at around £500 million beginning in the next two financial years, from 2023-24.
A number of news channels are this morning reporting that Southern Water is considering “bill rises of 73%” for its upcoming AMP8 2025-30 investment programme.