Evaluating alternative procurement options and securing adequate funding is vital for the success of any water contaminant remediation project. With the increasing need to address water quality issues, understanding procurement options and the financial landscape can empower stakeholders—ranging from local governments to private organizations—to effectively manage resources and implement sustainable solutions.
This in-depth article presents various procurement strategies including Design-Build, Construction Manager at Risk (CMAR), and Design-Bid-Build, as well as funding opportunities such as State Revolving Funds (SRF), government grants, loans, public-private partnerships, and innovative financing models. By navigating these options, municipalities can identify the best approaches to ensure their water remediation efforts are delivered on time, restoring safe drinking water to affected communities in a financially viable and impactful manner.
