Aging Water Infrastructure Drives Greater Use Of Asset Management, According To New McGraw-Hill Construction Study
The survey also assesses the adoption and evaluation of 14 leading asset management practices, with implementation of technology and data practices as well as strategy and performance measurement ranking high in effectiveness.
The 2013 Water Infrastructure Asset Management study, prepared by McGraw-Hill Construction in partnership with CH2M HILL, was completed in conjunction with five industry associations who reviewed the survey and distributed it to their members: American Public Works Association, American Water Works Association, National Association of Clean Water Agencies, National Association of Water Companies and Water Environment Federation. The study included 451 respondents from the U.S. and Canada, from utilities ranging from those serving a minimum population of 3,300 to a population of over 500,000.
For more key findings from the 2013 Water Infrastructure Asset Management study, visit http://analyticsstore.construction.com/index.php/2013-water-infrastructure-asset-management-key-research-findings-2-pager.html.
About McGraw-Hill Construction: McGraw-Hill Construction's data, analytics, and media businesses — Dodge, Sweets, Architectural Record, GreenSource, and Engineering News-Record — create opportunities for owners, architects, engineers, contractors, building product manufacturers, and distributors to strengthen their market position, size their markets, prioritize prospects, and target and build relationships that will win more business. McGraw-Hill Construction serves more than one million customers through its trends and forecasts, industry news, and leading platform of construction data, benchmarks, and analytics. To learn more, visit www.construction.com.About The McGraw-Hill Companies: The McGraw-Hill Companies (NYSE: MHP), a financial intelligence and education company, signed an agreement to sell its McGraw-Hill Education business to investment funds affiliated with Apollo Global Management, LLC in November 2012. Following the sale closing, expected in early 2013, the Company will be renamed McGraw Hill Financial (subject to shareholder approval) and will be a powerhouse in benchmarks, content and analytics for the global capital and commodity markets. The Company's leading brands will include: Standard & Poor's, S&P Capital IQ, S&P Dow Jones Indices, Platts, Crisil, J.D. Power and Associates, McGraw-Hill Construction and Aviation Week. The Company will have approximately 17,000 employees in more than 30 countries. Additional information is available at http://www.mcgraw-hill.com. About CH2M HILL: Headquartered near Denver, Colo., employee-owned CH2M HILL is a global leader in consulting, design, design-build, operations, and program management for government, civil, industrial and energy clients. The firm's work is concentrated in the areas of water, transportation, environmental, energy, facilities and resources. With US$6.4 billion in revenue and 30,000 employees, CH2M HILL is an industry-leading program management, construction management and design firm, as ranked by Engineering News-Record and named a leader in sustainable engineering by Verdantix. The firm has been named a FORTUNE 100 Best Companies to Work For five times and was named Water Company of the Year at the 2012 Global Water Awards. Visit us at www.ch2mhill.com, www.ch2mhillblogs.com/water, twitter.com/ch2mhill and facebook.com/ch2mhill . Media Contacts: Kathy Malangone, Senior Director, Marketing Communications, McGraw-Hill Construction, +1 212-904-4376, firstname.lastname@example.org Susan Mays, Vice President, Marketing & Strategic Initiatives, CH2M HILL, +1 303-330-1033, Susan.Mays@CH2M.com SOURCE McGraw-Hill Construction
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