
The ongoing COVID-19 pandemic has had a significant impact on the continued development of critical infrastructure, creating growing uncertainty concerning financing opportunities and project delivery. The water industry has not escaped this reality, and for municipalities that already struggle to find financing opportunities the situation is more dire. Due to a reduction in commercial water use throughout 2020, the water industry faces more than $13 billion in annualized revenue losses across the U.S. This is forcing municipalities that would normally finance critical infrastructure projects through more traditional bond measures to look for new avenues to deliver necessary infrastructure upgrades.
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