Capital Improvement Program
AlexRenew’s Capital Improvement Program (CIP) is a planning and budgeting tool that provides information about our planned investments in infrastructure. The CIP details how we will meet our requirements for sustaining, restoring, and modernizing our facilities and infrastructure to achieve our Board of Director’s goals and uphold community values.
We create a ten year CIP forecast that‘s updated annually. The CIP is typically used for large capital projects, new facilities, expansions and improvements requiring design and construction services such as:
- Studies likely to result in the creation of new facilities
- New pump stations and major improvements to existing stations
- New pipelines, replacements and major rehabilitations
- New treatment processes, expansions and major improvements